Abstract
Birth and death processes were introduced by Feller (1939) and have since been used as models for population growth, queue formation, in epidemiology and in many other areas of both theoretical and applied interest. From the standpoint of the theory of stochastic processes they represent an important special case of Markov processes with countable state spaces and continuous parameters.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have