MATH 8670 - App Stochastic Models

Credit Hours: (3)

Description Markov chains with discrete time; classification of states, stationary distributions, absorption probabilities and absorption time; Markov chains with continuous time; birth-death processes, waiting time distributions, queuing models, population growth models, Kolmogorov forward and backward equations, diffusion processes, Fokker-Planck equation; applications to genetic problems, etc.