As mentioned it treats both deterministic and stochastic models. But it also presents a complete range of modeling techniques, from simple algebraic analysis to statistical equations systems requiring ...

Stochastic modelling is the development of mathematical models for non-deterministic physical systems, which can adopt many possible behaviours starting from any given initial condition.

A systematic withdrawal plan refers to monthly withdrawals from an appreciating fund, especially to provide retirement income ...

In this context, it is proposed to model relevant soil parameters as the components of a multi ... and liquefaction induced deformations) obtained using stochastic input constitutive parameters are ...