Doob, Joseph L. Formerly, Department of Mathematics, University of Illinois, Urbana-Champaign, Illinois.
- Stationary processes
- Markov processes
- Processes with independent increments
- Additional Readings
A physical stochastic process is any process governed by probabilistic laws. Examples are (1) development of a population as controlled by mendelian genetics; (2) brownian motion of microscopic particles subjected to molecular impacts or, on a different scale, the motion of stars in space; (3) succession of plays in a gambling house; and (4) passage of cars by a specified highway point.
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