Course No: Act 641
Course Name: Stochastic Processes
Course Description:
Elements of Stochastic processes: Generating Function, Compared distributions. Recurrent Events, Difference equations. Random Walk, Markov Chains, Basic Theory of Discrete Branching processes. Markov processes in Continuous Time. Homogeneous Birth & Death process. Non Homogeneous processes (Polya Process, Birth & Death process) effect of immigration, Queuing Process.