Download Probability and Random ProcessesBy Geoffrey R. Grimmett, David R. Stirzaker

Download Probability and Random ProcessesBy Geoffrey R. Grimmett, David R. Stirzaker

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Probability and Random ProcessesBy Geoffrey R. Grimmett, David R. Stirzaker

Download Probability and Random ProcessesBy Geoffrey R. Grimmett, David R. Stirzaker

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This book gives an introduction to probability and its many practical application by providing a thorough, entertaining account of basic probability and important random processes, covering a range of important topics. Emphasis is on modelling rather than abstraction and there are new sections on sampling and Markov chain Monte Carlo, renewal-reward, queueing networks, stochastic calculus, and option pricing in the Black-Scholes model for financial markets. In addition, there are almost 400 exercises and problems relevant to the material. Solutions can be found in One Thousand Exercises in Probability.

• Sales Rank: #287337 in Books
• Published on: 2001-08-02
• Original language: English
• Number of items: 1
• Dimensions: 6.40" h x 1.30" w x 8.90" l, 2.04 pounds
• Binding: Paperback
• 608 pages

Review
"Since its first appearance in 1982, Probability and Random Processes has been a landmark book on the subject and has become mandatory reading for any mathematician wishing to understand chance.It is aimed mainly at final-year honours students and graduate students, but it goes beyond this
level, and all serious mathematicians and academic libraries should own a copy ... the companion book of exercises is cleverly conceived and ... form(s) a perfect complement to the main text. " Times Higher Education Supplement

About the Author
Geoffrey Grimmett is at Statistical Laboratory, University of Cambridge. David Stirzaker is at Mathematical Institute, Oxford University.

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