Books > Science & Mathematics > Mathematics > Applied mathematics > Stochastics
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Stochastic Processes (Paperback)
Loot Price: R1,662
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Stochastic Processes (Paperback)
Series: Classics in Applied Mathematics, v. 24
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This introductory textbook explains how and why probability models
are applied to scientific fields such as medicine, biology,
physics, oceanography, economics, and psychology to solve problems
about stochastic processes. It does not just show how a problem is
solved but explains why by formulating questions and first steps in
the solutions. Stochastic Processes is ideal for a course aiming to
give examples of the wide variety of empirical phenomena for which
stochastic processes provide mathematical models. It introduces the
methods of probability model building and provides the reader with
mathematically sound techniques as well as the ability to further
study the theory of stochastic processes. Originally published in
1962, this was the first comprehensive survey of stochastic
processes requiring only a minimal background in introductory
probability theory and mathematical analysis. Stochastic Processes
continues to be unique, with many topics and examples still not
discussed in other textbooks. As new fields of applications (such
as finance and DNA analysis) become important, researchers will
continue to find the fundamental and accessible topics explained in
this book essential background for their research.
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