Probability and Stochastic Modeling

By Vladimir I. Rotar

Book Overview

This book not only covers all the topics found in a traditional introductory probability course, but also emphasizes stochastic modeling, including Markov chains, birth-death processes, and reliability models. Unlike most undergraduate-level probability texts, the book also focuses on increasingly important areas, such as martingales, classification of dependency structures, and risk evaluation. Numerous examples, exercises, and models using real-world data demonstrate the practical possibilities and restrictions of different approaches and help students grasp general concepts and theoretical results. A solutions manual is available with qualifying course adoption.

• Format: Paperback
• Language: English
• ISBN: 0367380943
• ISBN13: 9780367380946
• Release Date: September 2019
• Publisher: CRC Press
• Length: 508 Pages
• Weight: 1.89 lbs.
• Dimensions: 1.0" x 7.0" x 10.0"