{"product_id":"probability-and-stochastic-processes-ionut-florescu-9780470624555","title":"Probability and Stochastic Processes","description":"\u003cp\u003e\u003cb\u003eA comprehensive and accessible presentation of probability and stochastic processes with emphasis on key theoretical concepts and real-world applications\u003c\/b\u003e\u003cb\u003e\u003cbr\u003e \u003cbr\u003e \u003c\/b\u003eWith a sophisticated approach, \u003ci\u003eProbability and Stochastic Processes\u003c\/i\u003e successfully balances theory and applications in a pedagogical and accessible format. The book's primary focus is on key theoretical notions in probability to provide a foundation for understanding concepts and examples related to stochastic processes.\u003cbr\u003e \u003cbr\u003e Organized into two main sections, the book begins by developing probability theory with topical coverage on probability measure; random variables; integration theory; product spaces, conditional distribution, and conditional expectations; and limit theorems. The second part explores stochastic processes and related concepts including the Poisson process, renewal processes, Markov chains, semi-Markov processes, martingales, and Brownian motion. Featuring a logical combination of traditional and complex theories as well as practices, \u003ci\u003eProbability and Stochastic Processes\u003c\/i\u003e also includes: \u003cbr\u003e \u003cbr\u003e \u003c\/p\u003e \u003cul\u003e \u003cli\u003eMultiple examples from disciplines such as business, mathematical finance, and engineering\u003c\/li\u003e \u003cli\u003eChapter-by-chapter exercises and examples to allow readers to test their comprehension of the presented material\u003c\/li\u003e \u003cli\u003eA rigorous treatment of all probability and stochastic processes concepts\u003c\/li\u003e \u003c\/ul\u003e \u003cbr\u003e An appropriate textbook for probability and stochastic processes courses at the upper-undergraduate and graduate level in mathematics, business, and electrical engineering, \u003ci\u003eProbability and Stochastic Processes\u003c\/i\u003e is also an ideal reference for researchers and practitioners in the fields of mathematics, engineering, and finance.\u003cbr\u003e\u003cbr\u003e\u003cb\u003eAuthor:\u003c\/b\u003e Ionut Florescu\u003cbr\u003e\u003cb\u003eISBN-10:\u003c\/b\u003e 0470624558\u003cbr\u003e\u003cb\u003eISBN-13:\u003c\/b\u003e 9780470624555\u003cbr\u003e\u003cb\u003ePublisher:\u003c\/b\u003e Wiley\u003cbr\u003e\u003cb\u003eLanguage:\u003c\/b\u003e English\u003cbr\u003e\u003cb\u003ePublished:\u003c\/b\u003e 10\/31\/2014\u003cbr\u003e\u003cb\u003ePages:\u003c\/b\u003e 576\u003cbr\u003e\u003cb\u003eFormat:\u003c\/b\u003e Hardcover\u003cbr\u003e\u003cb\u003eWeight:\u003c\/b\u003e 1.95lbs\u003cbr\u003e\u003cb\u003eSize:\u003c\/b\u003e 9.30h x 6.30w x 1.40d","brand":"Ionut Florescu","offers":[{"title":"Hardcover","offer_id":46721262027007,"sku":"9780470624555","price":146.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0662\/2982\/9887\/files\/img_63d5aba8-000d-48cd-80cf-0c753d6c917d.jpg?v=1742752335","url":"https:\/\/www.whiterainbookhouse.com\/products\/probability-and-stochastic-processes-ionut-florescu-9780470624555","provider":"WR Book House","version":"1.0","type":"link"}