An example for a random walk is the Galton board, which is used to demonstrate binomial distribution to students. On this board, balls are dropped from the top and they repeatedly bounce either left ...

Albert Phung has 7+ years of experience as a process improvement consultant for several businesses; currently with Alberta Health Services. Suzanne is a content marketer, writer, and fact-checker. She ...

Random walks and percolation theory form a fundamental confluence in modern statistical physics and probability theory. Random walks describe the seemingly erratic movement of particles or entities, ...