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Probability - The Science of Uncertainty Michael A. Bean

Probability - The Science of Uncertainty By Michael A. Bean

Probability - The Science of Uncertainty by Michael A. Bean


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Summary

Covers the basic probability of distributions with an emphasis on applications from the areas of investments, insurance, and engineering. This book is suitable as a text for senior undergraduate and beginning graduate students in mathematics, statistics, actuarial science, finance, or engineering.

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Probability - The Science of Uncertainty Summary

Probability - The Science of Uncertainty: with Applications to Investments, Insurance, and Engineering by Michael A. Bean

This book covers the basic probability of distributions with an emphasis on applications from the areas of investments, insurance, and engineering. Written by a Fellow of the Casualty Actuarial Society and the Society of Actuaries with many years of experience as a university professor and industry practitioner, the book is suitable as a text for senior undergraduate and beginning graduate students in mathematics, statistics, actuarial science, finance, or engineering as well as a reference for practitioners in these fields. The book is particularly well suited for students preparing for professional exams, and for several years it has been recommended as a textbook on the syllabus of examinations for the Casualty Actuarial Society and the Society of Actuaries. In addition to covering the standard topics and probability distributions, this book includes separate sections on more specialized topics such as mixtures and compound distributions, distributions of transformations, and the application of specialized distributions such as the Pareto, beta, and Weibull. The book also has a number of unique features such as a detailed description of the celebrated Markowitz investment portfolio selection model. A separate section contains information on how graphs of the specific distributions studied in the book can be created using Mathematica[trademark]. The book includes a large number of problems of varying difficulty. A student manual with solutions to selected problems are available. An instructor's manual with complete solutions to all the problems as well as supplementary material is available to teachers using the book as the text for the class.

Additional information

CIN0821847929G
9780821847923
0821847929
Probability - The Science of Uncertainty: with Applications to Investments, Insurance, and Engineering by Michael A. Bean
Used - Good
Hardback
American Mathematical Society
20090501
448
N/A
Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
This is a used book - there is no escaping the fact it has been read by someone else and it will show signs of wear and previous use. Overall we expect it to be in good condition, but if you are not entirely satisfied please get in touch with us

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