Abstract

If events occur in time according to a stochastic process then, under not very restrictive conditions, each realization will appear to come from a Poisson process with its own rate provided that the events in the realization occur at effectively random times. This result is related to de Finetti's theorem on exchangeable events. Particular applications are to the Pólya process describing accidents and the pure birth process.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.