About this Title
Charles M. Grinstead, Swarthmore College, Swarthmore, PA, William P. Peterson, Middlebury College, Middlebury, VT and J. Laurie Snell, Dartmouth College, Hanover, NH
Publication: The Student Mathematical Library
Publication Year 2011: Volume 57
ISBNs: 978-0-8218-5261-3 (print); 978-1-4704-1640-9 (online)
MathSciNet review: MR2814129
MSC: Primary 60G35; Secondary 62A99, 91-01
This book explores four real-world topics through the lens of probability theory. It can be used to supplement a standard text in probability or statistics. Most elementary textbooks present the basic theory and then illustrate the ideas with some neatly packaged examples. Here the authors assume that the reader has seen, or is learning, the basic theory from another book and concentrate in some depth on the following topics: streaks, the stock market, lotteries, and fingerprints. This extended format allows the authors to present multiple approaches to problems and to pursue promising side discussions in ways that would not be possible in a book constrained to cover a fixed set of topics.
To keep the main narrative accessible, the authors have placed the more technical mathematical details in appendices. The appendices can be understood by someone who has taken one or two semesters of calculus.
Undergraduate students interested in the connections of mathematics (specifically, probability and statistics) and real-life stories.
Table of Contents
- Chapter 1. Streaks
- Chapter 2. Modeling the stock market
- Chapter 3. Lotteries
- Chapter 4. Fingerprints
- Answers to John Haigh’s lottery questions