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Stochastic Models?

marglin · 2010-12-01 01:44:41

hi im just wondering if anyone here has a good knowledge of stochastic models? not asking for help with anything specific, just hoping someone could explain birth and death processess in simple language. i have the formulae but just cant make sense of them especially in trying to test for recurrence like i can do the test…

01-12-2010 1:44am

#1

marglin

Closed Accounts Posts: 81 ✭✭

Join Date: March 2010

Posts: 76

hi im just wondering if anyone here has a good knowledge of stochastic models?

not asking for help with anything specific, just hoping someone could explain birth and death processess in simple language. i have the formulae but just cant make sense of them especially in trying to test for recurrence
like i can do the test but i dont understand it

thanks

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Comments

#2 01-12-2010 9:42am

gerardduff

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Join Date: October 2008

Posts: 137

marglin wrote: »

not asking for help with anything specific, just hoping someone could explain birth and death processess in simple language.

thanks

Have a look at lecture 5. in this series....may answer most of your questions.

http://ocw.mit.edu/courses/mathematics/18-03-differential-equations-spring-2006/video-lectures/

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