Stochastic Processes And Queueing Theory Engineering Help

Stochastic Processes And Queueing Theory:

Stochastic Processes in probability theory, a family of random variables indexed to some other set and having the property that for each finite subset of the index set, the collection of random variables indexed to it has a joint probability distribution. It is one of the most widely studied subjects in probability.A mathematical stochastic process is a mathematical structure inspired by the concept of a physical stochastic process, and studied because it is a mathematical model of a physical stochastic process or because of its intrinsic mathematical interest and its applications both in and outside the field of probability.

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