Probability Demystified 1st Edition by Allan Bluman ISBN 0071445498 9780071445498
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ISBN 10: 0071445498
ISBN 13: 978-0071445498
Author: Allan Bluman
Probability Demystified 1st Edition : Many people do not understand the basic concepts of probability, as evidenced by the proliferation of those participating in lotteries, horse racing, and gambling at casinos. But probability and statistics are becoming increasingly important in today’s society. As the basic ideas are being taught in elementary schools through college, it’s important that everyone has a basic understanding of probability theory. Probability theory explains the happenings that occur due to chance. Although it is not possible to predict for certain the individual outcome of a chance process, it is possible to determine outcomes in the “long run,” and to predict the probability that something will eventually occur. This book will present the basics of probability in a non-rigorous manner. Only an understanding of arithmetic and some basic algebra are necessary to learn these ideas. No high-powered mathematical notation or formal proofs will be used, rather the concepts will be developed from examples using coins, dice, cards, and other common probability devices.
Probability Demystified 1st Edition Table of contents:
CHAPTER 1 Basic Concepts 1
CHAPTER 2 Sample Spaces 22
CHAPTER 3 The Addition Rules 43
CHAPTER 4 The Multiplication Rules 56
CHAPTER 5 Odds and Expectation 77
CHAPTER 6 The Counting Rules 94
CHAPTER 7 The Binomial Distribution 114
CHAPTER 8 Other Probability Distributions 131
CHAPTER 9 The Normal Distribution 147
CHAPTER 10 Simulation 177
CHAPTER 11 Game Theory 187
CHAPTER 12 Actuarial Science 210
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Allan Bluman,Probability,Demystified