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

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

Probability and Statistics by Example: Volume 2, Markov Chains: A Primer in
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Probability and Statistics by Example: Volume 2, Markov Chains: A Primer in Random Processes and their Applications Hardback - 2008

by Suhov, Yuri; Kelbert, Mark

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Cambridge University Press, 2008. First Edition. Hardcover. Like New. 7x1x9. Firm, square and tight with sturdy hinges, just showing a few minor rubs and some mild cosmetic wear. Hence a non-text page is stamped 'damaged'. Despite such this book is in nearly new condition. Thus the contents are crisp, fresh and clean. Now Offered for sale at a very sensible price.
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Ships from Prior Books (Gloucestershire, United Kingdom)

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Reader reviews for Probability and Statistics by Example: Volume 2, Markov Chains: A Primer in Random Processes and their Applications

From the publisher

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.
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