Probability and Statistical Models: Foundations for Problems in Reliability and Financial Mathematics 2010th Edition by Arjun K. Gupta (PDF)

Description

With an emphasis on models and techniques, this textbook introduces many of the fundamental concepts of stochastic modeling that are now a vital component of almost every scientific investigation. In particular, emphasis is placed on laying the foundation for solving problems in reliability, insurance, finance, and credit risk.The material has been carefully selected to cover the basic concepts and techniques on each topic, making this an ideal introductory gateway to more advanced learning. With exercises and solutions to selected problems accompanying each chapter, this textbook is for a wide audience including advanced undergraduate and beginning-level graduate students, researchers, and practitioners in mathematics, statistics, engineering, and economics.

User’s Reviews

Editorial Reviews: Review From the reviews:“This is a nice introductory textbook on stochastic processes, basically devoted to the Poisson process and its variants. The basic results are well illustrated by many examples with many problems at the end of each chapter. … The book is suitable for students that do not have an advanced training in the measure-theoretic aspects of probability or stochastic integration.” (Henryk Gzyl, Zentralblatt MATH, Vol. 1215, 2011) From the Back Cover With an emphasis on models and techniques, this textbook introduces many of the fundamental concepts of stochastic modeling that are now a vital component of almost every scientific investigation. These models form the basis of well-known parametric lifetime distributions such as exponential, Weibull, and gamma distributions, as well as change-point and mixture models. The authors also consider more general notions of non-parametric lifetime distribution classes. In particular, emphasis is placed on laying the foundation for solving problems in reliability, insurance, finance, and credit risk. Exercises and solutions to selected problems accompany each chapter in order to allow students to explore these foundations.The key subjects covered include:* Exponential distributions and the Poisson process* Parametric lifetime distributions* Non-parametric lifetime distribution classes* Multivariate exponential extensions* Association and dependence* Renewal theory* Problems in reliability, insurance, finance, and credit riskThis work differs from traditional probability textbooks in a number of ways. Since no measure theory knowledge is necessary to understand the material and coverage of the central limit theorem and normal theory related topics has been omitted, the work may be used as a single-semester senior undergraduate or first-year graduate textbook as well as in a second course on probability modeling. Many of the chapters that examine central topics in applied probability can be read independently, allowing both instructors and readers extra flexibility in their use of the book.Probability and Statistical Models is for a wide audience including advanced undergraduate and beginning-level graduate students, researchers, and practitioners in mathematics, statistics, engineering, and economics. About the Author Arjun K. Gupta is the author of a previous Birkhäuser book: Gupta/Chen, “Parametric Statistical Change Point Analysis,” (978-0-8176-4169-6, 2000, 184 p.) Read more

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Free Download Probability and Statistical Models: Foundations for Problems in Reliability and Financial Mathematics 2010th Edition in PDF format
Probability and Statistical Models: Foundations for Problems in Reliability and Financial Mathematics 2010th Edition PDF Free Download
Download Probability and Statistical Models: Foundations for Problems in Reliability and Financial Mathematics 2010th Edition 2010 PDF Free
Probability and Statistical Models: Foundations for Problems in Reliability and Financial Mathematics 2010th Edition 2010 PDF Free Download
Download Probability and Statistical Models: Foundations for Problems in Reliability and Financial Mathematics 2010th Edition PDF
Free Download Ebook Probability and Statistical Models: Foundations for Problems in Reliability and Financial Mathematics 2010th Edition