"Probability Models" is designed to aid students studying probability as part of an undergraduate course on mathematics, or mathematics and statistics. It describes how to set up and analyse models of real-life phenomena that involve elements of chance. Motivation comes from everyday experiences of probability via dice and cards, the idea of fairness in games of chance, and the random ways in which, say, birthdays are shared or particular events arise. Applications include branching processes, random walks, Markov chains, queues, renewal theory, and Brownian motion. No specific knowledge of the subject is assumed, only a familiarity with the notions of calculus, and the summation of series. Where the full story would call for a deeper mathematical background, the difficulties are noted and appropriate references given. The main topics arise naturally, with definitions and theorems supported by fully worked examples and some 200 set exercises, all with solutions.
- ISBN10 1852334312
- ISBN13 9781852334314
- Publish Date 5 March 2002
- Publish Status Active
- Out of Print 22 July 2013
- Publish Country GB
- Imprint Springer London Ltd
- Edition 1st ed. 2002. Corr. 2nd printing 2004
- Format Paperback
- Pages 264
- Language English