Stochastic Processes and Their Applications (Stochastics Monographs)

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9780415272322: Stochastic Processes and Their Applications (Stochastics Monographs)

This book introduces stochastic processes and their applications for students in engineering, industrial statistics, science, operations research, business, and finance. It provides the theoretical foundations for modeling time-dependent random phenomena encountered in these disciplines. Through numerous science and engineering-based examples and exercises, the author presents the subject in a comprehensible, practically oriented way, but he also includes some important proofs and theoretically challenging examples and exercises that will appeal to more mathematically minded readers. Solutions to most of the exercises are included either in an appendix or within the text.

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About the Author:

Frank E. Beichelt and Paul L. Fatti are both at the University of Witwatersrand, in the Republic of South Africa.

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"The book's primary strength lies in its crisp and lively presentation of the subject with neither undue attention nor neglect for technical detail. The book is well prepared an accurate. [The] chapters on probability and general stochastic processes serve to homogenize the audience as well as make the text feel more self-contained. Is it worth owning? Yes ." - The American Statistician, Aug. 2004, Vol. 58, No. 3

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Book Description Taylor Francis Ltd, United Kingdom, 2001. Hardback. Book Condition: New. Language: English . Brand New Book. This book introduces stochastic processes and their applications for students in engineering, industrial statistics, science, operations research, business, and finance. It provides the theoretical foundations for modeling time-dependent random phenomena encountered in these disciplines. Through numerous science and engineering-based examples and exercises, the author presents the subject in a comprehensible, practically oriented way, but he also includes some important proofs and theoretically challenging examples and exercises that will appeal to more mathematically minded readers. Solutions to most of the exercises are included either in an appendix or within the text. Bookseller Inventory # AA69780415272322

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Book Description Taylor Francis Ltd, United Kingdom, 2001. Hardback. Book Condition: New. Language: English . Brand New Book. This book introduces stochastic processes and their applications for students in engineering, industrial statistics, science, operations research, business, and finance. It provides the theoretical foundations for modeling time-dependent random phenomena encountered in these disciplines. Through numerous science and engineering-based examples and exercises, the author presents the subject in a comprehensible, practically oriented way, but he also includes some important proofs and theoretically challenging examples and exercises that will appeal to more mathematically minded readers. Solutions to most of the exercises are included either in an appendix or within the text. Bookseller Inventory # AA69780415272322

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