Elements of Probability and Statistics is popular PDF and ePub book, written by Francesca Biagini in 2016-01-22, it is a fantastic choice for those who relish reading online the Mathematics genre. Let's immerse ourselves in this engaging Mathematics book by exploring the summary and details provided below. Remember, Elements of Probability and Statistics can be Read Online from any device for your convenience.
Elements of Probability and Statistics Book PDF Summary
This book provides an introduction to elementary probability and to Bayesian statistics using de Finetti's subjectivist approach. One of the features of this approach is that it does not require the introduction of sample space – a non-intrinsic concept that makes the treatment of elementary probability unnecessarily complicate – but introduces as fundamental the concept of random numbers directly related to their interpretation in applications. Events become a particular case of random numbers and probability a particular case of expectation when it is applied to events. The subjective evaluation of expectation and of conditional expectation is based on an economic choice of an acceptable bet or penalty. The properties of expectation and conditional expectation are derived by applying a coherence criterion that the evaluation has to follow. The book is suitable for all introductory courses in probability and statistics for students in Mathematics, Informatics, Engineering, and Physics.
Detail Book of Elements of Probability and Statistics PDF
- Author : Francesca Biagini
- Release : 22 January 2016
- Publisher : Springer
- ISBN : 9783319072548
- Genre : Mathematics
- Total Page : 246 pages
- Language : English
- PDF File Size : 9,6 Mb
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