MIT 6.262 Discrete Stochastic Processes - Lecture 11: Renewals: Strong Law and Rewards

Lecture 11: Renewals: Strong Law and Rewards
Instructor: Prof. Robert Gallager

This lecture covers renewal processes. We begin with the SSLN for renewal processes, and move on to the central limit theorem (CLT) for renewals. The lecture concludes with a discussion of reward functions for renewal processes and time average residual life. 

View the complete course: http://ocw.mit.edu/6-262S11 

credit

Robert Gallager and MIT OpenCourseWare

license

OpenCourseWare