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SIMIODE Spring 2024 Webinars - Ethics Modeling
A Practical Guide for Incorporating Ethical Reasoning into Mathematics Courses through Modeling Problems
modeling
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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
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operations research
industrial engineering
Poisson process
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