Statistics of Extremes and Records in Random Sequences is popular PDF and ePub book, written by Satya N. Majumdar in 2024-05-16, 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, Statistics of Extremes and Records in Random Sequences can be Read Online from any device for your convenience.
Statistics of Extremes and Records in Random Sequences Book PDF Summary
Rare events such as earthquakes, tsunamis, floods etc do not fortunately occur every day, but when they do, their effects are devastating. These days, such rare events are particularly important to understand to characterize the global warming and climate changes. In addition to natural catastrophes, rare events such as big financial crashes also play a significant role in economy. In the absence of predictive models, the best way forward is to analyse the statistics of these extreme events and draw conclusions from it about the probability of their occurrences. Extreme value statistics (EVS) and the statistics of records in a random sequence are examples of a truly interdisciplinary topic, spanning from statistics and mathematics on one side to physics of disordered systems on the other. They have tremendous importance and practical applications in a wide variety of fields, such as climate science, finance, spin-glasses, and random matrices. Statistics and mathematical literature have explored the subject of the classical theory of EVS. However, more recently, EVS started to play a very important role in statistical physics, in particular in disordered systems. This has led to a plethora of activities, both in the statistical physics and in the mathematics communities over the last few decades. This book develops the theory of rare events, both for the classical uncorrelated as well as for correlated sequences, in terms of simple models and examples. Statistics of Extremes and Records in Random Sequences is a pedagogical book with examples illustrating the basic tools and techniques that are essential to a student starting to work in this interesting and rapidly developing field.
Detail Book of Statistics of Extremes and Records in Random Sequences PDF
- Author : Satya N. Majumdar
- Release : 16 May 2024
- Publisher : Oxford University Press
- ISBN : 9780192517883
- Genre : Mathematics
- Total Page : 257 pages
- Language : English
- PDF File Size : 12,8 Mb
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