Probability and Statistics by Example: Volume 2, Markov Chains: A Primer in Random Processes and Their Applications

Name: Probability and Statistics by Example: Volume 2, Markov Chains: A Primer in Random Processes and Their Applications
Brand: Cambridge University Press
SKU: 9780521612340
Price: 8831.0 INR
Availability: InStock

by Yuri Suhov , Mark Kelbert

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ISBN13: 9780521612340
Binding: Paperback
Subject: N/A
Publisher: Cambridge University Press
Publisher Imprint: Cambridge University Press
Publication Date: April 24, 2008
Pages: 504
Original Price: GBP 69.0
Language: English
Edition: 1
Item Weight: 976 grams
BISAC Subject(s): Probability & Statistics / General

About The Book

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.

About The Author

Kelbert, Mark: - Mark Kelbert is a Reader in Statistics in the Department of Mathematics at Swansea University. For many years he has also been associated with the Moscow Institute of Information Transmission Problems and the International Institute of Earthquake Prediction Theory and Mathematical Geophysics (Moscow).

Suhov, Yuri: - Yuri Suhov is a Professor of Applied Probability in the Department of Pure Mathematics and Mathematical Statistics at the University of Cambridge.

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