This edition covers the standard materials to be expected in a course from a calculus-based course in probability. A new chapter is added to cover exchangeability, embedding, and Monte Carlo simulation.
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Edward P C Kao is a Professor of Mathematics at the University of Houston. He received his PhD from Stanford and did his post-doctoral work at Yale. He was a Visiting Scientist at the Operations Research Center at MIT during 9/97–5/98. Professor Kao served as an Associate Editor of Operation Research, 1/83–12/87; Associate Editor of Inform Journal on Computing, 1/927/96, and the Area Editor in Computational Probability and Analysis of Inform Journal on Computing, 8/96–1/07. Professor Kao is the author of An Introduction of Stochastic Processes, Duxbury,1997; China Machine Press, 2002, and Dover 2019. He served as consulting statistician for various companies and legal institutions.
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