Understanding Markov Chains

€46.90


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Product Information

ISBN9789811306587
PublisherSpringer Verlag, Singapore
Price (excl. tax)€44.25
Tax€2.65
Price (incl. tax)€46.90
Availability2 units in external warehouse

Product Description

This book provides an undergraduate-level introduction to discrete and continuous-time Markov chains and their applications, with a particular focus on the first step analysis technique and its applications to average hitting times and ruin probabilities.