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£110.99

Wiley Phase Type Distributions: Theory and Application

Name: Phase Type Distributions: Theory and Application
Brand: Wiley
Price: 110.99 GBP
Availability: InStock

Applied Mathematics

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£111 today · all-time low £107 (Jul 2026) · usually the usual

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Description

Phase type distributions are widely applicable modeling and statistical tools for non-negative random quantities. They are built on Markov chains, which provide a simple, intuitive stochastic interpretation for their use. Phase Type Distribution starts from the Markov chain-based definition of phase type distributions and presents many interesting properties, which follow from the basic definition. As a general family of non-negative distributions with nice analytical properties, phase type distributions can be used for approximating experimental distributions by fitting or by moments matching; and, for discrete event simulation of real word systems with stochastic timing, such as production systems, service operations, communication networks, etc. This book summarizes the up-to-date fitting, matching and simulation methods, and presents the limits of flexibility of phase type distributions of a given order. Additionally, this book lists numerical examples that support the intuitive understanding of the analytical descriptions and software tools that handle phase type distributions.

Product Specifications

Brand: Wiley
Format: hardcover
ASIN: 1848219458
Category: Books > Subjects > Science, Nature & Maths > Mathematics > Applied Mathematics
Domain: Amazon UK
Release Date: 14 November 2024
Listed Since: 27 November 2015

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Wiley Phase Type Distributions: Theory and Application

About as cheap as it gets. The only time it was cheaper was 2 months ago.

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