Probabilistic Models

Mircea Grigoriu ()
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Mircea Grigoriu: Cornell University

Chapter Chapter 6 in Stochastic Systems, 2012, pp 201-236 from Springer

Abstract: Abstract Model construction usually involves two steps. First, a collection of functional forms is proposed for the probability law of a random element. It is common in application to consider a single functional form. Second, the uncertain parameters of a proposed probability law are estimated from the available information. We construct probabilistic models for directional wind speed in hurricanes, uncertain properties of physical systems, inclusions in multi-phase materials, and coefficients of stochastic elliptic equations describing material properties.

Keywords: Wind Speed; Random Field; Uncertain Parameter; Trigonometric Polynomial; Posterior Density (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:spr:ssrchp:978-1-4471-2327-9_6

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DOI: 10.1007/978-1-4471-2327-9_6

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