Moments of the Forward Recurrence Time in a Renewal Process
Moments of the Forward Recurrence Time in a Renewal Process is a scholarly work, published in 2018 in ''Methodology and Computing in Applied Probability''. The main subjects of the publication include variance, monotonic function, reliability engineering, skew normal distribution, covariance, statistics, renewal theory, Quasi-Monte Carlo method, residual, process, mathematics, and Time point. The study of the variability of the forward recurrence time (as measured by the variance or the standard deviation) is important especially when authors want to predict when the next event will occur.