How Long to Read Elements of Stochastic Modelling

How Long Does it Take to Read Elements of Stochastic Modelling?

It takes the average reader 8 hours and 20 minutes to read Elements of Stochastic Modelling by Konstantin Borovkov

Assuming a reading speed of 250 words per minute. Learn more

Description

This is the expanded second edition of a successful textbook that provides a broad introduction to important areas of stochastic modelling. The original text was developed from lecture notes for a one-semester course for third-year science and actuarial students at the University of Melbourne. It reviewed the basics of probability theory and then covered the following topics: Markov chains, Markov decision processes, jump Markov processes, elements of queueing theory, basic renewal theory, elements of time series and simulation. The present edition adds new chapters on elements of stochastic calculus and introductory mathematical finance that logically complement the topics chosen for the first edition. This makes the book suitable for a larger variety of university courses presenting the fundamentals of modern stochastic modelling. Instead of rigorous proofs we often give only sketches of the arguments, with indications as to why a particular result holds and also how it is related to other results, and illustrate them by examples. Wherever possible, the book includes references to more specialised texts on respective topics that contain both proofs and more advanced material. Request Inspection Copy

How long is Elements of Stochastic Modelling?

Elements of Stochastic Modelling by Konstantin Borovkov is 500 pages long, and a total of 125,000 words.

This makes it 169% the length of the average book. It also has 153% more words than the average book.

How Long Does it Take to Read Elements of Stochastic Modelling Aloud?

The average oral reading speed is 183 words per minute. This means it takes 11 hours and 23 minutes to read Elements of Stochastic Modelling aloud.

What Reading Level is Elements of Stochastic Modelling?

Elements of Stochastic Modelling is suitable for students ages 12 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Elements of Stochastic Modelling?

Elements of Stochastic Modelling by Konstantin Borovkov is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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