Stochastic processes and practical working models or why is the Polya process approach defective in modem practice and how cope with its deficiencies?

Abstract

1. One of the principal aims of mathematical statistics is the creation of theoretical models of probabilistically governed events or series of events. These models are mostly constructed by bringing together in suitable arrangements different elements from the tool-kit of general methods and premanufactured simple pieces of work at hand and known by the research worker.