{"product_id":"9781118593134","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.","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47134519361776,"sku":"9781118593134","price":125.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0737\/7593\/9824\/files\/9781118593134_p0.jpg?v=1763694527","url":"https:\/\/shop-qa.barnesandnoble.com\/products\/9781118593134","provider":"Barnes \u0026 Noble (DEV)","version":"1.0","type":"link"}