Probability

Probability

A Very Short Introduction

Book - 2012
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Making good decisions under conditions of uncertainty - which is the norm - requires a sound appreciation of the way random chance works. As analysis and modelling of most aspects of the world, and all measurement, are necessarily imprecise and involve uncertainties of varying degrees, theunderstanding and management of probabilities is central to much work in the sciences and economics. In this Very Short Introduction, John Haigh introduces the ideas of probability and different philosophical approaches to probability, and gives a brief account of the history of development of probability theory, from Galileo and Pascal to Bayes, Laplace, Poisson, and Markov. He describes the basicprobability distributions, and goes on to discuss a wide range of applications in science, economics, and a variety of other contexts such as games and betting. He concludes with an intriguing discussion of coincidences and some curious paradoxes.
Publisher: Oxford : Oxford University Press, 2012
ISBN: 9780199588480
0199588481
Branch Call Number: 519.2 H1497p 2012
Characteristics: 128 p. : ill. ; 18 cm

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This small book provides basic information about how to make good decisions when you do not (and cannot) know all the variables.


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