TY - BOOK

T1 - Probability and statistics by example

T2 - II Markov chains: A primer in random processes and their applications

AU - Soukhov, Iouri M.

AU - Kelbert, Mark

PY - 2008/1/1

Y1 - 2008/1/1

N2 - Probability and Statistics are as much about intuition and problem solving as they are about theorem proving. Because of this, students can find it very difficult to make a successful transition from lectures to examinations to practice, since the problems involved can vary so much in nature. Since the subject is critical in many modern applications such as mathematical finance, quantitative management, telecommunications, signal processing, bioinformatics, as well as traditional ones such as insurance, social science and engineering, the authors have rectified deficiencies in traditional lecture-based methods by collecting together a wealth of exercises with complete solutions, adapted to needs and skills of students. Following on from the success of Probability and Statistics by Example: Basic Probability and Statistics, the authors here concentrate on random processes, particularly Markov processes, emphasizing models rather than general constructions. Basic mathematical facts are supplied as and when they are needed and historical information is sprinkled throughout.

AB - Probability and Statistics are as much about intuition and problem solving as they are about theorem proving. Because of this, students can find it very difficult to make a successful transition from lectures to examinations to practice, since the problems involved can vary so much in nature. Since the subject is critical in many modern applications such as mathematical finance, quantitative management, telecommunications, signal processing, bioinformatics, as well as traditional ones such as insurance, social science and engineering, the authors have rectified deficiencies in traditional lecture-based methods by collecting together a wealth of exercises with complete solutions, adapted to needs and skills of students. Following on from the success of Probability and Statistics by Example: Basic Probability and Statistics, the authors here concentrate on random processes, particularly Markov processes, emphasizing models rather than general constructions. Basic mathematical facts are supplied as and when they are needed and historical information is sprinkled throughout.

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U2 - 10.1017/CBO9780511813641

DO - 10.1017/CBO9780511813641

M3 - Book

AN - SCOPUS:84925147478

SN - 9780521847674

VL - 2

BT - Probability and statistics by example

PB - Cambridge University Press

ER -