Application Of Z-Transformation On Gambler’s Ruin In Probability Theory And Other Result
Journal Title: International Journal of Advances in Scientific Research and Engineering - Year 2017, Vol 3, Issue 8
Abstract
Z-transformation is one of the most popular tools to solve Mathematical, Physical, biological, electronic, control and signal processing systems and difference equation. The purpose of this research paper is to discuss the application of z-transformation on Gambler’s ruin in probability theory. In this paper Gambler’s ruin model in probability theory and compound interest model are discussed via z-transformation.
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