Paper 1, Section I,
Part II, 2018
Consider a birth-death process in which the birth and death rates in a population of size are, respectively, and , where and are per capita birth and death rates.
(a) Write down the master equation for the probability, , of the population having size at time .
(b) Obtain the differential equations for the rates of change of the mean and the variance in terms of and .
(c) Compare the equations obtained above with the deterministic description of the evolution of the population size, . Comment on why and cannot be uniquely deduced from the deterministic model but can be deduced from the stochastic description.