Random Summation
Description:
This book provides an introduction to the asymptotic theory of random summation, combining a strict exposition of the foundations of this theory and recent results. It also includes a description of its applications to solving practical problems in hardware and software reliability, insurance, finance, and more. The authors show how practice interacts with theory, and how new mathematical formulations of problems appear and develop.
Attention is mainly focused on transfer theorems, description of the classes of limit laws, and criteria for convergence of distributions of sums for a random number of random variables. Theoretical background is given for the choice of approximations for the distribution of stock prices or surplus processes. General mathematical theory of reliability growth of modified systems, including software, is presented. Special sections deal with doubling with repair, rarefaction of renewal processes, limit theorems for supercritical Galton-Watson processes, information properties of probability distributions, and asymptotic behavior of doubly stochastic Poisson processes.
Random Summation: Limit Theorems and Applications will be of use to specialists and students in probability theory, mathematical statistics, and stochastic processes, as well as to financial mathematicians, actuaries, and to engineers desiring to improve probability models for solving practical problems and for finding new approaches to the construction of mathematical models.
Best prices to buy, sell, or rent ISBN 9780367448622
Frequently Asked Questions about Random Summation
The price for the book starts from $66.38 on Amazon and is available from 8 sellers at the moment.
If you’re interested in selling back the Random Summation book, you can always look up BookScouter for the best deal. BookScouter checks 30+ buyback vendors with a single search and gives you actual information on buyback pricing instantly.
As for the Random Summation book, the best buyback offer comes from and is $ for the book in good condition.
The Random Summation book is in very low demand now as the rank for the book is 11,155,355 at the moment. A rank of 1,000,000 means the last copy sold approximately a month ago.
Not enough insights yet.