For centuries, humans lived with the “uncertainties” of everyday life, unaware of probability theory and how it might be applied to the solution of simple problems of daily living or used to study the laws of nature. It was not until the advent of the scientific method with its emphasis on observation and experimentation that people began to think about the role probability might play in areas of life that once seemed ruled by blind chance. Today, of course, probability theory is the basis of statistics and game theory, and can be immensely useful to anyone engaged in business, the social and physical sciences, and many other areas of endeavor.
This volume demonstrates that the study of probability can be fun, challenging, and relevant — both to daily life and to modern scientific thought. Lucid, well-written chapters introduce the reader to the concept of possibilities, including combinations and permutations; probabilities, expectations (utility, decision making, more), events, rules of probability, conditional probabilities, probability distributions, the law of large numbers, including Chebyshev’s theorem, and more.
Numerous exercises throughout the text are designed to reinforce the methods and ideas explained in the book. Answers to the odd-numbered exercises are provided. A bibliography and summary round out this valuable introduction that will be of great help to anyone engaged in business, social sciences, statistical work, game theory, or just the business of living.

"About this title" may belong to another edition of this title.

Store Description

Originally started as an amateur venture, Seagull Books has grown into a knowledgable and reputable on-line book vendor. Our inventory is growing all the time, and we are constantly updating our stock with the latest finds. Whilst we do not currently offer a book tracing service, we are always happy to hear from customers looking for a particular title, and may just be able to help. We specialise in out-of-print books - particularly paperbacks - and never cease to be amazed at what is no longer considered worth publishing! Many of our customers clearly share that view.

Visit Seller's Storefront

Seller's business information

Seagull Books
United Kingdom

Sale & Shipping Terms

Terms of Sale

All orders will be dispatched within 1 working day of purchase, and often on the same day.

If the book(s) does not meet a customer's expectations then a full refund, including outgoing P&P, will be offered upon return of the item. The quality descriptions we use match those that are found on Amazon e.g. Like New, Very Good, Good and Acceptable. In most cases, we have also added more detailed comments ourselves about the condition of a particular book.

Shipping Terms

Shipping costs are based on books weighing 2.2 LB, or 1 KG. If your book order is heavy or oversized, we may contact you to let you know extra shipping is required.

Shipping rates from United Kingdom to U.S.A.

Shipping rates from United Kingdom to U.S.A.
Order quantity	10 to 35 business days	8 to 30 business days
First item	US$ 18.19	US$ 19.54

Delivery times are set by sellers and vary by carrier and location. Orders passing through Customs may face delays and buyers are responsible for any associated duties or fees. Sellers may contact you regarding additional charges to cover any increased costs to ship your items.