Regenerative Process
Stochastic Process Notes, from Lecture 10
1. Definition
A stochastic process 
is a regenerative process if
is a regenerative process if- Process stochastically starts over at even time
- Times between events
are i.i.d
2. Regenerative Process v.s. Renewal Process
- A renewal process
counts (increasing over time) and has property 2 shown above. - A regenerative process keeps track of something else and starts over.
3. Example
