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Reference.org
Regenerative process
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<p>In <a href="/facts/Applied_probability/TfgH73Bt">applied probability</a>, a regenerative process is a class of <a href="/facts/Stochastic_process/Ng1n1dnB">stochastic process</a> with the property that certain portions of the process can be treated as being <a href="/facts/Statistically_independent/NUzQtnUL">statistically independent</a> of each other. This property can be used in the derivation of theoretical properties of such processes. </p>