This book contains material on compound Poisson random variables including an identity which can be used to efficiently compute moments, Poisson approximations, and coverage of the mean time spent in transient states as well as examples relating to the Gibb's sampler, the Metropolis algorithm and mean cover time in star graphs.

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Sheldon M. Ross is the author of Stochastic Processes, 2nd Edition, published by Wiley.

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