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Theory and applications of probability and stochastic processes: e.g. central limit theorems, large deviations, stochastic differential equations, models from statistical mechanics, queuing theory.

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What is the entropy of binomial decay?

Let's play a game. I start with $N$ indistinguishable tokens, and I wait $T$ turns. Every turn, each token has probability $p$ of disappearing. I want an analytic formula for the entropy of this proce …
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