Basics of Stochastic Processes -- Markov Chains -- Long-run Behaviour of Markov Chains -- Random Walks -- Bienayme Galton Watson Branching Process -- Continuous Time Markov Chains -- Poisson Process -- Birth and Death Processes -- Brownian Motion Process -- Renewal Process -- Solutions...

The binary states, i.e., success or failed state assumptions used in conventional reliability are inappropriate for reliability analysis of complex industrial systems due to lack of sufficient probabilistic information. For large complex systems, the uncertainty of each individual parameter...

The binary states, i.e., success or failed state assumptions used in conventional reliability are inappropriate for reliability analysis of complex industrial systems due to lack of sufficient probabilistic information. For large complex systems, the uncertainty of each individual parameter...