Geometric Sums: Bounds for Rare Events with Applications Viola Eckelt Erstmals in der Bach-Forschung widmet

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Geometric Sums: Bounds for Rare Events with Applications Viola Eckelt Erstmals in der Bach-Forschung widmetThis book reviews problems associated with rare events arising in a wide range of circumstances, treating such topics as how to evaluate the probability an insurance company will be bankrupted, the lifetime of a redundant system, and the waiting time in a queue. Well grounded, unique mathematical evaluation methods of basic probability characteristics concerned with rare events are presented, which can be employed in real applications, as the volume