Fundamentals of probability with stochastic processes Fourth Edition pdf
Fundamentals of probability with stochastic processes Fourth Edition pdf : Pages 653
By Ghahramani, Saeed
Publisher: CRC Press Taylor & Francis Group, Year: 2019
This one- or two-term basic probability text is written for majors in mathematics, physical sciences, engineering, statistics, actuarial science, business and finance, operations research, and computer science. It can also be used by students who have completed a basic calculus course.
Our aim is to present probability in a natural way: through interesting and instructive examples and exercises that motivate the theory, definitions, theorems, and methodology. Examples and exercises have been carefully designed to arouse curiosity and hence encourage the students to delve into the theory with enthusiasm. In this edition, there is an ample number of insurance related probability examples and exercises. These along with hundreds of other types of general indeterministic problems, which are also subjects of actuarial studies, make the book a perfect source for actuarial students.
Authors are usually faced with two opposing impulses. One is a tendency to put too much into the book, because everything is important and everything has to be said the author’s way!
On the other hand, authors must also keep in mind a clear definition of the focus, the level, and the audience for the book, thereby choosing carefully what should be “in” and what “out.” Hopefully, this book is a resolution of the tension generated by these opposing forces