Understanding Probability

Understanding Probability by Henk Tijms

Like it or not, chance plays a big part in our lives. Every day we face situations where the result is uncertain, and, perhaps without realizing it, we guess about the likelihood of one outcome or another. Fortunately, mastering the concepts of probability can cast new light on situations where randomness and chance appear to rule. In this book, which uses lotteries and casino games to provide the many illustrative examples, the reader can learn about the world of probability. The author demystifies the law of large numbers, betting systems, random walks, the bootstrap, rare events, the central limit theorem, the Bayesian approach and more. Written with wit and clarity, this book can be read easily by anyone who is not put off by a few numbers and some high-school algebra. It is also ideally suited to students of all disciplines taking their first course in probability.

'This book is eminently suitable for students undertaking a first course in probabilityIt would be particularly useful for service teaching where students are not aiming for a degree classification in mathematics or statistics.' Significance
'… an extremely well-done result of carefully designing an introduction to probability and an excellent choice … [for] … a textbook for a first course in probability for students from a wide area of disciplines.' Internationale Mathematische Nachrichten
'This book gives an introduction to probability theory by using motivating examples to illustrate the concepts.' Monatshefte für Mathematik
'The author clearly wants to stimulate the reader's interest in probability, both as an academic subject and as a tool with which to assess our daily world. … The material on the history of the subject, interspersed throughout, is a worthy inclusion. The number of famous applications of probability included is remarkable - the arcsine law for random walks, the drunkard's walk in n dimensions, the Kelly betting system, the 'hot hand theory', betting systems for roulette, the Pollaczek-Khintchine queuing formula, Black-Scholes formula, and Benford's Law, just to name a few. … I would recommend this text for instructors who may wish to try a fresh and very stimulating approach towards a first course in probability.' Mark F. Schilling, California State University
'The book is written in a narrative yet precise style which makes it enjoyable to read. It is well suited for first courses in probability for students of engineering or computer science. It may also be used as additional material in other courses or for self-study.' Zentralblatt MATH

Henk Tijms is Professor in Operations Research at the Vrije University in Amsterdam. The author of several textbooks including, A First Course in Stochastic Models, he is intensively active in the popularization of applied mathematics and probability in Dutch high schools. He has also written numerous papers on applied probability and stochastic optimization for international journals including Applied Probability and Probability in the Engineering and Informational Sciences.

SKU	Unavailable
ISBN 13	9780521540360
ISBN 10	0521540364
Title	Understanding Probability
Author	Henk Tijms
Condition	Unavailable
Binding Type	Paperback
Publisher	Cambridge University Press
Year published	2004-08-16
Number of pages	390
Cover note	Book picture is for illustrative purposes only, actual binding, cover or edition may vary.
Note	Unavailable