This tutorial will introduce you to the several methods of stochastic process. I assume you have learned basic statistics and have some knowledge about probability distributions.

## Contents

What is Stochastic Process?

Stochastic Process as a Simple Experiment

What is Random Walk?

Random Walk from Normal Distribution

Simulation of Random Walk in Microsoft Excel

How to forecast using Random Walk?

How to know the probability distribution of a random walk?

Wiener ProcessWhat is Brownian motion?

What is Arithmetic Brownian Motion?

What is Geometric Brownian Motion?

Simulation of Brownian motion in Excel

Simulation of ABM in Excel

Simulation of GBM in Excel

Parameters Estimation in ABM

Parameters Estimation in GBM

Summary Brownian Motion(Future contents)

Poisson Process

Markov Chain

Reliability Analysis

Resources on Stochastic Process

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These tutorial is copyrighted .

Preferable reference for this tutorial isTeknomo, Kardi. (2019) Stochastic Process Tutorial .

http://people.revoledu.com/kardi/tutorial/StochasticProcess/