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Computational Probability Applications (Paperback, Softcover reprint of the original 1st ed. 2017)
Loot Price: R2,789
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Computational Probability Applications (Paperback, Softcover reprint of the original 1st ed. 2017)
Series: International Series in Operations Research & Management Science, 247
Expected to ship within 10 - 15 working days
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This focuses on the developing field of building probability models
with the power of symbolic algebra systems. The book combines the
uses of symbolic algebra with probabilistic/stochastic application
and highlights the applications in a variety of contexts. The
research explored in each chapter is unified by the use of A
Probability Programming Language (APPL) to achieve the modeling
objectives. APPL, as a research tool, enables a probabilist or
statistician the ability to explore new ideas, methods, and models.
Furthermore, as an open-source language, it sets the foundation for
future algorithms to augment the original code. Computational
Probability Applications is comprised of fifteen chapters, each
presenting a specific application of computational probability
using the APPL modeling and computer language. The chapter topics
include using inverse gamma as a survival distribution, linear
approximations of probability density functions, and also
moment-ratio diagrams for univariate distributions. These works
highlight interesting examples, often done by undergraduate
students and graduate students that can serve as templates for
future work. In addition, this book should appeal to researchers
and practitioners in a range of fields including probability,
statistics, engineering, finance, neuroscience, and economics.
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