Probability and Random Processes
Third Edition
ISBN13: 9780198572220ISBN10: 0198572220
Paperback,
608 pages
Jul 2001,
In Stock
Price:
$85.00 (04)Description
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.About the Author(s)
Geoffrey R. Grimmett, Statistical Laboratory, University of Cambridge, and David R. Stirzaker, Mathematical Institute, Oxford University
