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Phase Type Distributions, Volume 2: Theory and Application
Horvath, Andras; Telek, Miklos
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Description for Phase Type Distributions, Volume 2: Theory and Application
hardcover. Num Pages: 200 pages. BIC Classification: PB. Category: (P) Professional & Vocational. Weight in Grams: 666.
Phase type distributions are widely applicable modeling and statistical tools for non-negative random quantities. They are built on Markov chains, which provide a simple, intuitive stochastic interpretation for their use. Phase Type Distribution starts from the Markov chain-based definition of phase type distributions and presents many interesting properties, which follow from the basic definition.
As a general family of non-negative distributions with nice analytical properties, phase type distributions can be used for approximating experimental distributions by fitting or by moments matching; and, for discrete event simulation of real word systems with stochastic timing, such as production systems, service ... Read more
Phase type distributions are widely applicable modeling and statistical tools for non-negative random quantities. They are built on Markov chains, which provide a simple, intuitive stochastic interpretation for their use. Phase Type Distribution starts from the Markov chain-based definition of phase type distributions and presents many interesting properties, which follow from the basic definition.
As a general family of non-negative distributions with nice analytical properties, phase type distributions can be used for approximating experimental distributions by fitting or by moments matching; and, for discrete event simulation of real word systems with stochastic timing, such as production systems, service ... Read more
Product Details
Format
Hardback
Publication date
2025
Publisher
Wiley-ISTE United Kingdom
Number of pages
200
Condition
New
Number of Pages
288
Place of Publication
London, United Kingdom
ISBN
9781848219458
SKU
V9781848219458
Shipping Time
Usually ships in 7 to 11 working days
Ref
99-50
About Horvath, Andras; Telek, Miklos
András Horváth is Associate Professor at the University of Turin, Italy. His research interests include analysis and optimization of stochastic models with applications in production systems, service operations, communication networks and systems biology. Miklós Telek is a professor in the Department of Networked Systems and Services at Budapest University of Technology and Economics, Hungary, where he currently heads the ... Read more
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