Understanding Probability: Chance Rules in Everyday LifeIn this fully revised second edition of Understanding Probability, the reader can learn about the world of probability in an informal way. The author demystifies the law of large numbers, betting systems, random walks, the bootstrap, rare events, the central limit theorem, the Bayesian approach and more. This second edition has wider coverage, more explanations and examples and exercises, and a new chapter introducing Markov chains, making it a great choice for a first probability course. But its easy-going style makes it just as valuable if you want to learn about the subject on your own, and high school algebra is really all the mathematical background you need. |
Contents
Section 14 | 146 |
Section 15 | 174 |
Section 16 | 206 |
Section 17 | 223 |
Section 18 | 243 |
Section 19 | 263 |
Section 20 | 284 |
Section 21 | 304 |
Section 9 | 103 |
Section 10 | 104 |
Section 11 | 141 |
Section 12 | 143 |
Section 13 | 144 |
Section 22 | 313 |
Section 23 | 331 |
Section 24 | 352 |
Section 25 | 367 |
Section 26 | 385 |
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Common terms and phrases
amount answer appears applications approach approximately arrival assigned assume average balls bets birthdays calculate called cards casino chance Chapter choose chosen coin conditional probabilities Consider constant continuous defined denote determine dollars door draw drawn equal estimate event example expected value experiment fact fair fair coin find first five follows formula given gives heads independent integers interval large numbers limit lottery Markov chain mass means measure method normal distribution obtain occurs otherwise outcomes parameter person play player Poisson positive possible probability distribution Problem question random variable randomly represents result rolls Rule sample space sequence simulation situation Solution stake standard deviation statistics step success Suppose tickets tosses trials turns variable X variance verify winning
References to this book
Value Added by Venture Capital Firms: An Analysis on the Basis of New ... Jens Ortgiese Limited preview - 2007 |