Assuming that undergraduate students are learning basic theory from another text, Grinstead et al. supplement their learning with real-world topics explained through the perspective of probability theory: sports streaks and their correlation to a coin-tossing model; the stock market, with discussion of power laws and their effects on stock prices; lotteries and the effects of income tax, present value, and sharing on their value; and the use of fingerprints in fighting crime. Most of the technical math is placed in the appendices, and one semester of calculus is helpful, but not required. Annotation ©2011 Book News, Inc., Portland, OR (booknews.com)
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Kartoniert / Broschiert. Condizione: New. KlappentextrnrnExplores four real-world topics through the lens of probability theory. The authors assume that the reader has seen, or is learning, the basic theory from another book and concentrate in some depth on the following topics: streaks. Codice articolo 595068168
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