Random Summation: Limit Theorems and Applications - Image 1

£60.89

CRC Press Random Summation: Limit Theorems and Applications

Name: Random Summation: Limit Theorems and Applications
Brand: CRC Press
Price: 57.8 GBP
Availability: InStock

Econometrics

Price History & Forecast

Last 33 days • 33 data points (No recent data available)

Historical

Generating forecast...

Price Distribution

Price distribution over 33 days • 2 price levels

Days at Price

Current Price

Price Analysis

Most common price: £61 (32 days, 97.0%)

Price range: £58 - £61

Price levels: 2 different prices over 33 days

Description

Product 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. From the Back Cover We intended not only to bring the reader up to date on recent results and foundations of the theory describing the influence of the randomness of the number of summands on the limit behavior of sums of random variables, but also to demonstrate the potentialities of probability theory in solving important applied problems, especially those which at first sight seem to have no mathematically strict solutions. About the Author Gnedenko, Boris V. | Korolev, Victor Yu.

Product Specifications

Brand: CRC Press
Format: Paperback
ASIN: 0367448629
Category: Books > Subjects > Business, Finance & Law > Economics > Econometrics
Domain: Amazon UK
Release Date: 30 June 2020
Listed Since: 15 May 2020

Barcode

No barcode data available

CRC Press Random Summation: Limit Theorems and Applications

Price History & Forecast

Price Distribution

Price Analysis

Description

Product Specifications

Barcode

Similar Products You Might Like

Random Summation: Limit Theorems and Applications

Asymptotic Behaviour of Linearly Transformed Sums of Random Variables: 416 (Mathematics and Its Applications, 416)

Limit Theorems for Multi-Indexed Sums of Random Variables: 71 (Probability Theory and Stochastic Modelling, 71)

Sums of Independent Random Variables: 82 (Ergebnisse der Mathematik und ihrer Grenzgebiete. 2. Folge, 82)

Limit Theorems For Associated Random Fields And Related Systems: 10 (Advanced Series On Statistical Science & Applied Probability)

Pseudo-Regularly Varying Functions and Generalized Renewal Processes: 91 (Probability Theory and Stochastic Modelling, 91)

Limit Distributions for Sums of Independent Random Vectors: Heavy Tails in Theory and Practice: 321 (Wiley Series in Probability and Statistics)

Limit Theorems for Randomly Stopped Stochastic Processes (Probability and Its Applications)

Probability Theory: Basic Concepts · Limit Theorems Random Processes: 157 (Grundlehren der mathematischen Wissenschaften, 157)

Probability and Random Processes: With Applications to Signal Processing and Communications

Arak:Unif Limit Theor Steklo 174 P (Proceedings of the Steklov Institute of Mathematics)

Fundamentals of Probability

Probability and Random Variables: Theory and Applications

Statistics of Random Processes: I. General Theory: 5 (Stochastic Modelling and Applied Probability, 5)

Probability and Statistical Inference

Probability With a View Towards Statistics, Two Volume Set (Chapman & Hall/CRC Probability Series)

Ill-Posed Problems in Probability and Stability of Random Sums

Springer Probability Distributions in Risk Management Operations 83

Statistics of Random Processes II: Applications: 6 (Stochastic Modelling and Applied Probability, 6)

Limit Theorems for Random Fields with Singular Spectrum: 465 (Mathematics and Its Applications, 465)

The Methods of Distances in the Theory of Probability and Statistics

Theory of Stochastic Objects: Probability, Stochastic Processes and Inference (Chapman & Hall/CRC Texts in Statistical Science)

CRC Press Inhomogeneous Random Evolutions and Their Applications

Stochastic Processes: Harmonizable Theory: 12 (Series On Multivariate Analysis)