Książka Statistical Inference for Diffusion Type Process B. L. S. Prakasa Rao

Statistical Inference for Diffusion Type Process

Język: Angielski
Oprawa: Twarda
Dostępność: Dostępna u dostawcy
Wysyłamy za 10-18 dni
495.54
Decision making in all spheres of activity involves uncertainty. If rational decisions have to be ma...

Informacje o książce

Język
Angielski
Oprawa
Książka - Twarda
Data wydania
1999
strony
366
EAN
9780470711125
ISBN
0470711124
Enbook ID
04885476
Waga
700
Wymiary
165 x 244 x 26

Pełny opis

Decision making in all spheres of activity involves uncertainty. If rational decisions have to be made, they have to be based on the past observations of the phenomenon in question. Data collection, model building and inference from the data collected, validation of the model and refinement of the model are the key steps or building blocks involved in any rational decision making process. Stochastic processes are widely used for model building in the social, physical, engineering, and life sciences as well as in financial economics. Statistical inference for stochastic processes is of great importance from the theoretical as well as from applications point of view in model building. During the past twenty years, there has been a large amount of progress in the study of inferential aspects for continuous as well as discrete time stochastic processes. Diffusion type processes are a large class of continuous time processes which are widely used for stochastic modelling. the book aims to bring together several methods of estimation of parameters involved in such processes when the process is observed continuously over a period of time or when sampled data is available as generally feasible.

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