{"product_id":"probability-and-stochastic-processes-9780470624555","title":"Probability and Stochastic Processes","description":"\u003cp\u003e • Author(s): Ionut Florescu\u003cbr\u003e • Publisher: Wiley\u003cbr\u003e • Publisher Imprint: Wiley\u003cbr\u003e • BISAC: Probability \u0026amp; Statistics - Stochastic Processes\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eA comprehensive and accessible presentation of probability and stochastic processes with emphasis on key theoretical concepts and real-world applications\u003c\/b\u003e\u003cb\u003e\u003cbr\u003e \u003cbr\u003e \u003c\/b\u003eWith a sophisticated approach, \u003ci\u003eProbability and Stochastic Processes\u003c\/i\u003e successfully balances theory and applications in a pedagogical and accessible format. The book’s primary focus is on key theoretical notions in probability to provide a foundation for understanding concepts and examples related to stochastic processes.\u003cbr\u003e \u003cbr\u003e Organized into two main sections, the book begins by developing probability theory with topical coverage on probability measure; random variables; integration theory; product spaces, conditional distribution, and conditional expectations; and limit theorems. The second part explores stochastic processes and related concepts including the Poisson process, renewal processes, Markov chains, semi-Markov processes, martingales, and Brownian motion. Featuring a logical combination of traditional and complex theories as well as practices, \u003ci\u003eProbability and Stochastic Processes\u003c\/i\u003e also includes:\u003cbr\u003e \u003cbr\u003e \u003c\/p\u003e  *Multiple examples from disciplines such as business, mathematical finance, and engineering *Chapter-by-chapter exercises and examples to allow readers to test their comprehension of the presented material *A rigorous treatment of all probability and stochastic processes concepts  \u003cbr\u003e An appropriate textbook for probability and stochastic processes courses at the upper-undergraduate and graduate level in mathematics, business, and electrical engineering, \u003ci\u003eProbability and Stochastic Processes\u003c\/i\u003e is also an ideal reference for researchers and practitioners in the fields of mathematics, engineering, and finance.","brand":"Wiley","offers":[{"title":"Hardcover","offer_id":45201843552407,"sku":"9780470624555","price":11972.0,"currency_code":"INR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0666\/3471\/1191\/files\/9780470624555.webp?v=1769208079","url":"https:\/\/atlanticbooks.com\/products\/probability-and-stochastic-processes-9780470624555","provider":"Atlantic Books","version":"1.0","type":"link"}