Elementary Probability Theory: With Stochastic Processes and an Introduction to Mathematical Finance (Undergraduate Texts in Mathematics Softcover rep

Elementary Probability Theory: With Stochastic Processes and an Introduction to Mathematical Finance (Undergraduate Texts in Mathematics Softcover rep

By: Kai Lai Chung (author), Farid AitSahlia (author)Paperback

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Description

This book provides an introduction to probability theory and its applications. The emphasis is on essential probabilistic reasoning, which is illustrated with a large number of samples. The fourth edition adds material related to mathematical finance as well as expansions on stable laws and martingales. From the reviews: "Almost thirty years after its first edition, this charming book continues to be an excellent text for teaching and for self study." -- STATISTICAL PAPERS

Contents

Set * Probability * Counting * Random Variables * Conditioning and Independence * Mean, Variance and Transforms * Poisson and Normal Distributions * From Random Walks to Markov Chains * Mean-Variance Pricing Model * Option Pricing Theory

Product Details

  • ISBN13: 9781441930620
  • Format: Paperback
  • Number Of Pages: 404
  • ID: 9781441930620
  • weight: 1290
  • ISBN10: 1441930620
  • edition: Softcover reprint of hardcover 4th ed. 2003

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