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HomeMIT 6.262 Discrete Stochastic Processes, Spring 2011Lecture 12: Renewal Rewards, Stopping Trials, and Wald's Inequality

Lecture 12: Renewal Rewards, Stopping Trials, and Wald's Inequality

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Description: In this lecture, we learn about time-averages for renewal rewards, stopping trials for stochastic processes, and Wald’s equality.

Instructor: Prof. Robert Gallager