{"product_id":"probability-and-statistics-for-finance-9780470400937","title":"Probability and Statistics for Finance","description":"\u003cp\u003e • Author(s): Svetlozar T. Rachev\u003cbr\u003e • Publisher: Wiley\u003cbr\u003e • Publisher Imprint: Wiley\u003cbr\u003e • BISAC: Finance - General\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eFrom the Inside Flap\u003c\/b\u003e\u003cbr\u003e\u003c\/p\u003e\u003cp\u003eIn order to remain competitive in the intensely quantitative field of finance, you need a firm understanding of the foundations of finance: probability and statistics. Expert authors Svetlozar (Zari) Rachev, Markus Höchstötter, Frank Fabozzi, and Sergio Focardi have written Probability and Statistics for Finance for that reason.\u003c\/p\u003e \u003cp\u003eEngaging and informative, this reliable guide not only covers introductory material on probability and statistics for students and practitioners, but also provides unique coverage of specific topics that are of special interest to finance professionals, researchers, and academics.\u003c\/p\u003e \u003cp\u003eDivided into four comprehensive parts, Probability and Statistics for Finance: \u003c\/p\u003e \u003cul\u003e \u003cli\u003e \u003cp\u003eDiscusses descriptive statistics: the different methods for gathering data and presenting them in the most succinct way\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eCovers the basics of probability theory as well as the different types of probability distributions, parameters of a probability distribution, joint and conditional probability distributions, continuous probability distributions dealing with extreme events, and dependence measures for two random variables beyond the correlation measure such as the copula function\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eExplores statistical inference: the method of drawing information from sample data about unknown parameters of the population from which the sample was drawn\u003c\/p\u003e \u003c\/li\u003e \u003cli\u003e \u003cp\u003eProvides in-depth coverage of the most widely used statistical tools in finance--multivarate regression analysis--from the basics to building models\u003c\/p\u003e \u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eTo provide readers with a complete understanding of the various topics touched upon throughout, the book includes appendices that cover the fundamentals of functions and their features, matrix operations, and binomial and multinomial coefficients.\u003c\/p\u003e \u003cp\u003eWritten for both financial professionals and individuals aspiring to enter this field, Probability and Statistics for Finance addresses an array of important issues--from applying probability to portfolio management, asset pricing, risk management, and credit risk modeling to probability distributions that deal with extreme events and statistical measures. With this book, discover how probability and statistics can help you effectively navigate even the most complex financial terrain.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Hardcover","offer_id":45116330606743,"sku":"9780470400937","price":6970.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9780470400937.webp?v=1767271572","url":"https:\/\/atlanticbooks.com\/products\/probability-and-statistics-for-finance-9780470400937","provider":"Atlantic Books","version":"1.0","type":"link"}