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Instructor Solutions Second Edition SIMIODE Textbook HTML Version
This is material we make available for instructors teaching a modeling-first approach to differential equations when using the Second Edition of SIMIODE Textbook, Differential Equations: A Toolbox for Modeling the Real World in HTML Version.
textbook
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SIMIODE textbook
Second Edition
Modeling Scenario
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1-027-StochasticProcesses-ModelingScenario
We build the infinite set of first order differential equations for modeling a stochastic process, the so-called birth and death equations. We will only need to use integrating factor solution strategy or DSolve in Mathematica for success.
Variance
Mean
stochastic
random
operations research
industrial engineering
Poisson process
traffic
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