Introduction To Probability And Statistics For Science, Engineering, And Finance Hardcover English by Walter A. Rosenkrantz - 09 Jul 2008
Now:
AED 958.90 Inclusive of VAT
Free Delivery
Get it by 10 Jan
Earn AED 47.95 cashback with the Mashreq noon Credit Card. Apply now
Pay 4 interest-free payments of AED 239.72.Learn more
Split in 4 payments of AED 239.72. No interest. No late fees.Learn more
1
Free delivery on Lockers & Pickup Points
Learn more
Enjoy hassle free returns with this offer.
Item as Described
70%
Partner Since
4+ YearsSpecifications
| Publisher | Taylor & Francis Ltd |
| ISBN 13 | 9781584888123 |
| ISBN 10 | 1584888121 |
| Book Description | Integrating interesting and widely used concepts of financial engineering into traditional statistics courses, Introduction to Probability and Statistics for Science, Engineering, and Finance illustrates the role and scope of statistics and probability in various fields. The text first introduces the basics needed to understand and create tables and graphs produced by standard statistical software packages, such as Minitab, SAS, and JMP. It then takes students through the traditional topics of a first course in statistics. Novel features include: Applications of standard statistical concepts and methods to the analysis and interpretation of financial data, such as risks and returns Cox-Ross-Rubinstein (CRR) model, also called the binomial lattice model, of stock price fluctuations An application of the central limit theorem to the CRR model that yields the lognormal distribution for stock prices and the famous Black-Scholes option pricing formula An introduction to modern portfolio theory Mean-standard deviation diagram of a collection of portfolios Computing a stock's betavia simple linear regression As soon as he develops the statistical concepts, the author presents applications to engineering, such as queuing theory, reliability theory, and acceptance sampling; computer science; public health; and finance. Using both statistical software packages and scientific calculators, he reinforces fundamental concepts with numerous examples. |
| Language | English |
| Author | Walter A. Rosenkrantz |
| Publication Date | 09 Jul 2008 |
| Number of Pages | 680 |
Introduction To Probability And Statistics For Science, Engineering, And Finance Hardcover English by Walter A. Rosenkrantz - 09 Jul 2008
Added to cart
Cart Total AED 958.90
