Fundamentals of Probability: with Stochastic Processes, Third Edition

Book Details

• Publisher: Taylor & Francis Ltd

• Author: Saeed Ghahramani

• Edition: 3

• ISBN: 9781498755016

• Pages: 632

• Cover: Hardcover

• Dimensions: 10.4 x 7.3 x 1.5 inches

• Illustrations: 68 black & white illustrations, 23 black figures

About The Book

Fundamentals of Probability with Stochastic Processes (Third Edition) by Saeed Ghahramani offers a thorough, mathematically rigorous approach to teaching probability and stochastic processes. This edition has been reorganized to provide a more natural progression of topics, making it suitable for a one- or two-term probability course.

Key features of the book include:

• Over 1500 exercises, ranging from routine to challenging, to motivate theory, definitions, theorems, and methodologies.

• A new introductory chapter on stochastic processes, providing a foundation for more advanced study.

• Practical applications of probability in various fields like finance, economics, actuarial sciences, and genetics, with an emphasis on survival analysis and hazard functions.

• Enhanced explanations and clarifying comments throughout the chapters, to help students grasp difficult concepts.

• Coverage of recent probability problems published in journals such as Mathematics Magazine and American Mathematical Monthly.

This textbook is designed for students majoring in mathematics, engineering, statistics, computer science, business, and related fields. It is accessible to students who have completed a basic calculus course and serves as an excellent resource for those looking to apply probability in real-world scenarios.

About the Author

Saeed Ghahramani is the Dean of the College of Arts and Sciences and a Professor of Mathematics at Western New England University. His research interests span probability, higher education administration, and Persian culture and poetry. He completed his Ph.D. at the University of California, Berkeley.