{"product_id":"first-course-in-stochastic-models","title":"First Course in Stochastic Models","description":"The field of applied probability has changed profoundly in the past twenty years. The development of computational methods has greatly contributed to a better understanding of the theory. \u003ci\u003eA First Course in Stochastic Models\u003c\/i\u003e provides a self-contained introduction to the theory and applications of stochastic models. Emphasis is placed on establishing the theoretical foundations of the subject, thereby providing a framework in which the applications can be understood. Without this solid basis in theory no applications can be solved.  \u003cul\u003e\n\u003cli\u003eProvides an introduction to the use of stochastic models through an integrated presentation of theory, algorithms and applications.\u003c\/li\u003e\n\u003cli\u003eIncorporates recent developments in computational probability.\u003c\/li\u003e\n\u003cli\u003eIncludes a wide range of examples that illustrate the models and make the methods of solution clear.\u003c\/li\u003e\n\u003cli\u003eFeatures an abundance of motivating exercises that help the student learn how to apply the theory.\u003c\/li\u003e\n\u003cli\u003eAccessible to anyone with a basic knowledge of probability.\u003c\/li\u003e\n\u003c\/ul\u003e \u003cp\u003e\u003ci\u003eA First Course in Stochastic Models\u003c\/i\u003e is suitable for senior undergraduate and graduate students from computer science, engineering, statistics, operations resear ch, and any other discipline where stochastic modelling takes place. It stands out amongst other textbooks on the subject because of its integrated presentation of theory, algorithms and applications.\u003c\/p\u003e","brand":"John Wiley \u0026 Sons Inc","offers":[{"title":"Default Title","offer_id":54251585208664,"sku":"9780471498803","price":69.99,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0278\/1295\/4195\/files\/9780471498803.jpg?v=1778487368","url":"https:\/\/agendabookshop.com\/products\/first-course-in-stochastic-models","provider":"Agenda Bookshop","version":"1.0","type":"link"}