Elements of Probability and Statistics
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- Synopsis
- This bookprovides an introduction to elementary probability and to Bayesianstatistics using de Finetti's subjectivist approach. One of the featuresof this approach is that it does not require the introductionof sample space - a non-intrinsic concept that makes the treatment ofelementary probability unnecessarily complicate - but introduces asfundamental the concept of random numbers directly related to their interpretationin applications. Events become a particular case of random numbers andprobability a particular case of expectation when it is applied to events. The subjective evaluation of expectation and of conditional expectation isbased on an economic choice of an acceptable bet or penalty. Theproperties of expectation and conditional expectation are derived by applyinga coherence criterion that the evaluation has to follow. The book is suitablefor all introductory courses in probability and statistics for students inMathematics, Informatics, Engineering, and Physics.
- Copyright:
- 2015
Book Details
- Book Quality:
- Publisher Quality
- ISBN-13:
- 9783319072548
- Publisher:
- Springer International Publishing, Cham
- Date of Addition:
- 10/19/16
- Copyrighted By:
- Springer
- Adult content:
- No
- Language:
- English
- Has Image Descriptions:
- No
- Categories:
- Nonfiction, Business and Finance, Mathematics and Statistics
- Submitted By:
- Bookshare Staff
- Usage Restrictions:
- This is a copyrighted book.
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