ABSTRACT
We shall be concerned with the modeling and analysis of random experiments using the theory of probability. The outcome of such an experiment is the result of a stochastic or random process. In particular we shall be interested in the way in which the results or outcomes vary or evolve over time. An experiment or trial is any situation where an outcome is observed. In many of the applications considered, these outcomes will be numerical, sometimes in the form of counts or enumerations. The experiment is random if the outcome is not predictable or is uncertain.
