Prediction of the Geometric Renewal Process

The first part of the paper presents major concepts and theoretical statements on prediction of processes. The second part presents the obtained results on the geometric renewal process by indicating its distribution which has a binomial distribution and is a process with independent and stationary...

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Bibliographic Details
Main Authors: Vaidotas Kanišauskas, Karolina Piaseckienė
Format: Article
Language:English
Published: Lietuvos statistikų sąjunga, Lietuvos statistikos departamentas 2017-12-01
Series:Lithuanian Journal of Statistics
Subjects:
Online Access:https://www.journals.vu.lt/statisticsjournal/article/view/13673
Description
Summary:The first part of the paper presents major concepts and theoretical statements on prediction of processes. The second part presents the obtained results on the geometric renewal process by indicating its distribution which has a binomial distribution and is a process with independent and stationary increments. Further, having applied the theory introduced in the first part to the geometric renewal process, the sufficient and unbiased prediction with the minimum-variance has been found.
ISSN:1392-642X
2029-7262