Understanding probability: Chance rules in everyday life

Abstract

In this fully revised second edition of Understanding Probability, the readerlearn about the world of probability in an informal way. The authorthe law of large numbers, betting systems, random walks, the, rare events, the central limit theorem, the Bayesian approach and. This second edition has wider coverage, more explanations and examplesexercises, and a new chapter introducing Markov chains, making it a greatfor a first probability course. But its easy-going style makes it justvaluable if you want to learn about the subject on your own, and highalgebra is really all the mathematical background you need.