Probability and Stochastic Processes

Nonfiction, Science & Nature, Mathematics, Probability, Statistics
Cover of the book Probability and Stochastic Processes by Ionut Florescu, Wiley
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Ionut Florescu ISBN: 9781118593134
Publisher: Wiley Publication: December 4, 2014
Imprint: Wiley Language: English
Author: Ionut Florescu
ISBN: 9781118593134
Publisher: Wiley
Publication: December 4, 2014
Imprint: Wiley
Language: English

A comprehensive and accessible presentation of probability and stochastic processes with emphasis on key theoretical concepts and real-world applications

With a sophisticated approach, Probability and Stochastic Processes successfully balances theory and applications in a pedagogical and accessible format. The book’s primary focus is on key theoretical notions in probability to provide a foundation for understanding concepts and examples related to stochastic processes.

Organized into two main sections, the book begins by developing probability theory with topical coverage on probability measure; random variables; integration theory; product spaces, conditional distribution, and conditional expectations; and limit theorems. The second part explores stochastic processes and related concepts including the Poisson process, renewal processes, Markov chains, semi-Markov processes, martingales, and Brownian motion. Featuring a logical combination of traditional and complex theories as well as practices, Probability and Stochastic Processes also includes:

  • Multiple examples from disciplines such as business, mathematical finance, and engineering
  • Chapter-by-chapter exercises and examples to allow readers to test their comprehension of the presented material
  • A rigorous treatment of all probability and stochastic processes concepts

An appropriate textbook for probability and stochastic processes courses at the upper-undergraduate and graduate level in mathematics, business, and electrical engineering, Probability and Stochastic Processes is also an ideal reference for researchers and practitioners in the fields of mathematics, engineering, and finance.

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

A comprehensive and accessible presentation of probability and stochastic processes with emphasis on key theoretical concepts and real-world applications

With a sophisticated approach, Probability and Stochastic Processes successfully balances theory and applications in a pedagogical and accessible format. The book’s primary focus is on key theoretical notions in probability to provide a foundation for understanding concepts and examples related to stochastic processes.

Organized into two main sections, the book begins by developing probability theory with topical coverage on probability measure; random variables; integration theory; product spaces, conditional distribution, and conditional expectations; and limit theorems. The second part explores stochastic processes and related concepts including the Poisson process, renewal processes, Markov chains, semi-Markov processes, martingales, and Brownian motion. Featuring a logical combination of traditional and complex theories as well as practices, Probability and Stochastic Processes also includes:

An appropriate textbook for probability and stochastic processes courses at the upper-undergraduate and graduate level in mathematics, business, and electrical engineering, Probability and Stochastic Processes is also an ideal reference for researchers and practitioners in the fields of mathematics, engineering, and finance.

More books from Wiley

Cover of the book Sex, Stress and Reproductive Success by Ionut Florescu
Cover of the book Proceedings of the 41st International Conference on Advanced Ceramics and Composites by Ionut Florescu
Cover of the book Fixing Business by Ionut Florescu
Cover of the book Essentials of Sarbanes-Oxley by Ionut Florescu
Cover of the book The Influence Game by Ionut Florescu
Cover of the book Credit Derivatives by Ionut Florescu
Cover of the book The New Financial Deal by Ionut Florescu
Cover of the book Child Neuropsychology by Ionut Florescu
Cover of the book The Making of Modern South Africa by Ionut Florescu
Cover of the book Difference and Differential Equations with Applications in Queueing Theory by Ionut Florescu
Cover of the book Market Microstructure in Emerging and Developed Markets by Ionut Florescu
Cover of the book Seven Lessons for Leading in Crisis by Ionut Florescu
Cover of the book Trading VIX Derivatives by Ionut Florescu
Cover of the book Home Decorating For Dummies by Ionut Florescu
Cover of the book The Coming Bond Market Collapse by Ionut Florescu
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy