Describe several stochastic processes that you can encounter while reading a daily newspaper. a) What is the
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Question:
Describe several stochastic processes that you can encounter while reading a daily newspaper.
a) What is the state space of each?
(b) What are the possible events?
(c) Is time discrete or continuous?
(d) What covariates are available?
(e) Will interest centre primarily on durations between events or on the states themselves?
(f) What types of dependencies might be occurring over time?
Related Book For
Artificial Intelligence Structures And Strategies For Complex Problem Solving
ISBN: 9780321545893
6th Edition
Authors: George Luger
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