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Kolmogororv equations

S

sahildh

Member
Can someone explain the intutive meaning of Kolmogorov forward and backward differential equations? What is the difference between them ? How does their application vary in different situations ? A simple example could really help me out.

I know my questions are a bit awkward, but i really cant understand them!
Thanking you in advance.:eek: :)
 
Oops! Sorry I mistakenly posted this is in CT7 forum. Have reposted it in CT4 forum.
 
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