This is a preview. Log in through your library . Abstract The distributions of random walk quantities like ascending ladder heights and the maximum are shown to be phase-type provided that the generic ...

This is a preview. Log in through your library . Abstract The higher-order transition probability generating functions for a random walk with correlation between steps is calculated as a ...

Juggling competing demands in a network of feverishly calculating computers drawing on the same memory resources is like trying to avert collisions among blindfolded, randomly zigzagging ice skaters.

Tim Smith has 20+ years of experience in the financial services industry, both as a writer and as a trader. Gordon Scott has been an active investor and technical analyst or 20+ years. He is a ...

Albert Phung has 7+ years of experience as a process improvement consultant for several businesses; currently with Alberta Health Services. Suzanne is a content marketer, writer, and fact-checker. She ...

The random walk theorem, first presented by French mathematician Louis Bachelier in 1900 and then expanded upon by economist Burton Malkiel in his 1973 book A Random Walk Down Wall Street, asserts ...

Researchers have uncovered deep connections among different types of random objects, illuminating hidden geometric structures. These are not the kinds of objects that concern Scott Sheffield.