Probability and random process by singaravelu pdf

Stopping times have been moved to the martingale chapter. For the random process zt one establishes the existence of a local time. We will pay particular attention to models of random processes where therandomnessdevelopsovertime. If t istherealaxisthenxt,e is a continuoustime random process, and if t is the set of integers then xt,e is a discretetime random process2.

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