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Probability Theory With Applications

Probability Theory With Applications

The main purpose of this book is to: (i) give a systematic introduction to Probability Theory and
Stochastic Processes; (ii) present an outline of possible applications of these theories,
accompanied by descriptive concrete examples; and (iii) to provide extensive
(however, not exhaustive) references of other books in these areas, thereby giving the reader
opportunity to complete his/her knowledge of the subjects considered. The material in the text
proceeds from simple set theory, simple random experiments, concepts of probability and
probability distributions, functions of random variables, and generating functions to simple
stochastic processes, in what the authors regard as the logical approach to Probability Theory
and Stochastic Processes.

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