Stochastic Processes 1

Muranga University Of Technology

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Lecture notes Stochastic Processes 1 (AMS309)
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September 2025

2024/2025
These notes provide a comprehensive and clearly structured summary of Stochastic Processes 1, ideal for undergraduate or graduate students studying mathematics, statistics, engineering, actuarial science, data science, or related fields. The document covers all major topics typically included in an introductory course, such as: Markov chains (discrete-time and continuous-time) Transition probabilities Poisson processes Birth-death processes Stationary and ergodic processes R...
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