Fundamentals of Probability: With Stochastic Processes, 4th Edition

This one- or two-term calculus-based basic probability text is written for majors in mathematics, physical sciences, engineering, statistics, actuarial science, business and finance, operations research, and computer science. It presents probability in a natural way: through interesting and instructive examples and exercises that motivate the theory, definitions, theorems, and methodology. This book is mathematically rigorous and, at the same time, closely matches the historical development of probability. Whenever appropriate, historical remarks are included, and the 2096 examples and exercises have been carefully designed to arouse curiosity and hence encourage students to delve into the theory with enthusiasm.

New to the Fourth Edition:

• 538 new examples and exercises have been added, almost all of which are of applied nature in realistic contexts
• Self-quizzes at the end of each section and self-tests at the end of each chapter allow students to check their comprehension of the material