Probability Models [Book] - Image 1

Probability Models [Book]

£29.99
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Highlights

  • Conditional Probability and Independence.
  • Common Probability Distributions.
  • Random Variables.
  • Sums of Random Variables.
  • Convergence and Limit Theorems.
  • Stochastic Processes in Discrete Time.
  • Stochastic Processes in Continuous Time.
  • Appendix: Common Distributions and Mathematical Facts.
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The purpose of this book is to provide a sound introduction to the study of real-world phenomena that possess random variation. It describes how to set up and analyse models of real-life phenomena that involve elements of chance. Motivation comes from everyday experiences of probability, such as that of a dice or cards, the idea of fairness in games of chance, and the random ways in which, say, birthdays are shared or particular events arise.