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What is the definition of a stochastic process?
What is the definition of a stochastic process?
- A collection of random numbers
- A family of random variables which are functions of time (correct)
- A sequence of deterministic variables
- A set of random experiments
In Example 1.1, what type of stochastic process is ሼܺ ǡ ݊ ͳሽ?
In Example 1.1, what type of stochastic process is ሼܺ ǡ ݊ ͳሽ?
- Binomial process
- Geometric process
- Bernoulli process (correct)
- Exponential process
What does ܺ represent in Example 1.2?
What does ܺ represent in Example 1.2?
- The maximum outcome
- The minimum outcome
- The number of sixes in the first n throws (correct)
- The sum of all outcomes
What kind of stochastic process is described in Example 1.3?
What kind of stochastic process is described in Example 1.3?
What are the outcomes of the nth throw of a die in Example 1.1 known as?
What are the outcomes of the nth throw of a die in Example 1.1 known as?
What is the number of sixes in the first n throws of a die in Example 1.2 an example of?
What is the number of sixes in the first n throws of a die in Example 1.2 an example of?
In the context of the given text, what is meant by X(1)?
In the context of the given text, what is meant by X(1)?
What is the state space for the stochastic process described in the given text?
What is the state space for the stochastic process described in the given text?
According to Remark 1.1, if ܵ is discrete, what is ሼܺ ݐሽ called?
According to Remark 1.1, if ܵ is discrete, what is ሼܺ ݐሽ called?
What does X(1980) represent in the context of the given text?
What does X(1980) represent in the context of the given text?
In Example 1.6, what does ܻሺݐሻ represent?
In Example 1.6, what does ܻሺݐሻ represent?
What is meant by continuous time stochastic process according to Remark 1.2?
What is meant by continuous time stochastic process according to Remark 1.2?
In Definition 1.3, what does T represent?
In Definition 1.3, what does T represent?
According to Remark 1.2, what is ܺ ݐ called if T is continuous?
According to Remark 1.2, what is ܺ ݐ called if T is continuous?
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