Probability and Statistical Models: Foundations for Problems in Reliability and Financial Mathematics - Rilegato

Gupta, Arjun K.; Zeng, Wei-Bin; Wu, Yanhong

Rilegato

ISBN 10: 0817649867 ISBN 13: 9780817649869

Casa editrice: Birkhauser, 2010

Riassunto

With an emphasis on models and techniques, this textbook introduces many of the fundamental concepts of stochastic modeling that are now a vital component of almost every scientific investigation. In particular, emphasis is placed on laying the foundation for solving problems in reliability, insurance, finance, and credit risk.

The material has been carefully selected to cover the basic concepts and techniques on each topic, making this an ideal introductory gateway to more advanced learning. With exercises and solutions to selected problems accompanying each chapter, this textbook is for a wide audience including advanced undergraduate and beginning-level graduate students, researchers, and practitioners in mathematics, statistics, engineering, and economics.

Su questo libro

Informazioni sull?autore

Arjun K. Gupta is the author of a previous Birkhäuser book: Gupta/Chen, "Parametric Statistical Change Point Analysis," (978-0-8176-4169-6, 2000, 184 p.)

Dalla quarta di copertina

With an emphasis on models and techniques, this textbook introduces many of the fundamental concepts of stochastic modeling that are now a vital component of almost every scientific investigation. These models form the basis of well-known parametric lifetime distributions such as exponential, Weibull, and gamma distributions, as well as change-point and mixture models. The authors also consider more general notions of non-parametric lifetime distribution classes. In particular, emphasis is placed on laying the foundation for solving problems in reliability, insurance, finance, and credit risk. Exercises and solutions to selected problems accompany each chapter in order to allow students to explore these foundations.

The key subjects covered include:

* Exponential distributions and the Poisson process

* Parametric lifetime distributions

* Non-parametric lifetime distribution classes

* Multivariate exponential extensions

* Association and dependence

* Renewal theory

* Problems in reliability, insurance, finance, and credit risk

This work differs from traditional probability textbooks in a number of ways. Since no measure theory knowledge is necessary to understand the material and coverage of the central limit theorem and normal theory related topics has been omitted, the work may be used as a single-semester senior undergraduate or first-year graduate textbook as well as in a second course on probability modeling. Many of the chapters that examine central topics in applied probability can be read independently, allowing both instructors and readers extra flexibility in their use of the book.

Probability and Statistical Models is for a wide audience including advanced undergraduate and beginning-level graduate students, researchers, and practitioners in mathematics, statistics, engineering, and economics.

Dettagli dell?edizione

• Editore: Birkhauser
• Data di pubblicazione: 2010
• ISBN 10: 0817649867
• ISBN 13: 9780817649869
• Rilegatura: Copertina rigida
• Lingua: Inglese
• Numero di pagine: 267
• Contatto del produttore: {language_tag:it_IT,value:"Springer Nature Customer Service Center GmbH; ProductSafety@springernature.com"}