Chung, Kai Lai

Elementary probability theory: with stochastic processes and an introduction to mathematical finance . / Kai Lai Chung, Farid AitSahlia - 4th ed. - New York:: Springer, 2003. - xiii, 402 p.: ill.; 24 cm. - Undergraduate texts in mathematics .

Includes bibliographic references and index

Contents: Set * Probability * Counting * Random Variables * Conditioning and Independence * Mean, Variance and Transforms * Poisson and Normal Distributions * From Random Walks to Markov Chains * Mean-Variance Pricing Model * Option Pricing Theory

The fourth edition adds material related to mathematical finance as well as expansions on stable laws and martingales.From the reviews: "Almost thirty years after its first edition, this charming book continues to be an excellent text for teaching and for self study."

9780387955780 038795578X

73019852


Probabilities.
Mathematical statistics.
Stochastic processes

QA273.C57

519.2