Applied Probability and Stochastic Processes - 9780367658496

CRC Press

Applied Probability and Stochastic ProcessesAuthor(s): Frank Beichelt\nFormat: Paperback\nPublisher: Taylor & Francis Ltd, United Kingdom\nImprint: Chapman & Hall/CRC\nISBN-13: 9780367658496, 978-0367658496\nSynopsis\nApplied Probability and Stochastic Processes, Second Edition presents a self-contained introduction to elementary probability theory and stochastic processes with a special emphasis on their applications in science, engineering, finance, computer science, and operations research. It covers the theoretical foundations for modeling time-dependent random phenomena in these areas and illustrates applications through the analysis of numerous practical examples. The author draws on his 50 years of experience in the field to give your students a better understanding of probability theory and stochastic processes and enable them to use stochastic modeling in their work.\n\nNew to the Second Edition\n\nCompletely rewritten part on probability theorynow more than double i.