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Chapter 4: Generating Functions - Auckland

Chapter 4: Generating Functions - Auckland

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processes, because many stochastic processes are formed from the sum of a sequence of repeating steps: for example, the Gambler’s Ruin from Section 2.7. The name probability generating function also gives us another clue to the role of the PGF. The PGF can be used to generate all the probabilities of the distribution.

  Processes

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