Stochastics and Computational Techniques: Exact Variability Propagation, Liberated Distributions, Total Models, Gui-Based Tools

By Mohammad Noori and Jean Parks

This book presents our breakthrough mathematical and computational techniques, along with the user-friendly (and "open-source") GUI-driven software suites incorporating those, that totally revolutionize Stochastics. Superseding all existing techniques, it is like automobiles to horses and buggies.

A Fundamental Breakthrough is being able to compute the output distribution, thus also the probability of failure, for "any" model and set of input distributions. One striking implication: It liberates probability distributions (our software easily handles these) from its current types to an infinitude of "no-types," making current Applied Probability obsolete. Including other advancements - e.g., our novel modeling technique, new basics of stochastic optimization, major clarification for statisticians - these coherently revolutionize Stochastics.

The book combines mathematical rigor with reader-friendliness. It will enable most researchers & practitioners to work & think stochastically with ease.

• Format: Hardcover
• Language: English
• ISBN: 311224897X
• ISBN13: 9783112248973
• Release Date: August 2026
• Publisher: de Gruyter
• Length: 200 Pages