Develops an introductory and relatively simple account of the theory and application of the evolutionary type of stochastic process. Professor Bailey adopts the

The third edition of this volume improves on the last edition by condensing the material and organizing it into a more teachable format. It provides more in-dep

Building upon the previous editions, this textbook is a first course in stochastic processes taken by undergraduate and graduate students (MS and PhD students f

The objective of this book is to introduce the elements of stochastic processes in a rather concise manner where we present the two most important parts — Mar