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Play of Chance and Purpose An Invitation to Probability, Statistics, and Stochasticity Using Simulations and Projects

Authors

, Plaksha University, Punjab
Published 2025

Description

Play of Chance and Purpose emphasizes learning probability, statistics, and stochasticity by developing intuition and fostering imagination as a pedagogical approach. This book is meant for undergraduate and graduate students of basic sciences, applied sciences, engineering, and social sciences as an introduction to fundamental as well as advanced topics. The text has evolved out of the author's experience of teaching courses on probability, statistics, and stochastic processes at both undergraduate and graduate levels in India and the United States. Readers…

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Key features

  • Coverage ranges from foundational concepts like conditional probability to advanced ones like Markov chains, M/M/n queues, and principal component analysis
  • Margin notes and illustrations for visualizations of theoretical constructs and concepts
  • Computer-aided projects and case studies based on real-life scenarios
  • Instructors' resources include solution manual and Python compendium

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