Abstract:
Any realistic model of a real-world phenomenon must take into account the possibility
of randomness. That is, more often than not, the quantities we are interested
in will not be predictable in advance but, rather, will exhibit an inherent variation
that should be taken into account by the model.
Description:
Any realistic model of a real-world phenomenon must take into account the possibility
of randomness. That is, more often than not, the quantities we are interested
in will not be predictable in advance but, rather, will exhibit an inherent variation
that should be taken into account by the model.
