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  3. Understanding Probability
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      • 2nd edition
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    • Publisher:
      Cambridge University Press
      Publication date:
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      July 2007
      ISBN:
      DOI:
      https://doi.org/10.1017/CBO9780511619052
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      • Subjects:
      Mathematics (general), Mathematics, Probability Theory and Stochastic Processes, Statistics and Probability
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    Subjects:
    Mathematics (general), Mathematics, Probability Theory and Stochastic Processes, Statistics and Probability
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    Book description

    In 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.

    Reviews

    'This book is eminently suitable for students undertaking a first course in probability. It would be particularly useful for service teaching where students are not aiming for a degree classification in mathematics or statistics.'

    Source: Significance

    'This book gives an introduction to probability theory by using motivating examples to illustrate the concepts.'

    Source: Monatshefte für Mathematik

    'The book is written in a narrative yet precise style which makes it enjoyable to read. It is well suited for first courses in probability for students of engineering or computer science. It may also be used as additional material in other courses or for self-study.'

    Source: Zentralblatt MATH

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