000			02046nam a22002297a 4500
003			OSt
005			20240417202404.0
008			240417b |||||||| |||| 00| 0 hin d
020			_a9780821891773
040			_aNISER LIBRARY _bENG _cNISER LIBRARY
082			_a519.2 _bBEA-P
100			_aBean, Michael A.
245			_aProbability: _bthe science of uncertainity with applications to investments, insurance, and engineering
260			_aHyderabad: _bUniversity Press (India) Private Limited, _c2024.
300			_axiii, 448p. _c24 cm
500			_aIncludes index.
520			_aThis book covers the basic probability of distributions with an emphasis on applications from the areas of investments, Insurance, and engineering.Written by a fellow of the casualty actuarial society and the society of actuaries with many years of experience as a University Professor and industry practitioner, the book is suitable as a text for senior undergraduate and beginning graduate students in mathematics, statistics, actuarial Science, finance, or engineering as well as a reference for practitioners in these fields. The book is particularly well suited for students preparing for professional exams, and for several years it has been recommended as a textbook on the syllabus of examinations for the casualty actuarial society and the society of actuaries. In addition to covering the standard topics and Probability distributions, this book includes separate sections on more specialized topics such as Mixtures and Compound distributions, distributions of transformations, and the application of specialized distributions such as the Pareto, Beta, and weibull. The book also has a number of unique features such as a detailed description of the celebrated Markowitz investment portfolio selection model. A separate section contains information on how graphs of the specific distributions studied in the book can be created using mathematical.
650			_aPROBABILITIES
650			_aACTUARIES
650			_aRANDOM VARIABLES
942			_2udc _cN
999			_c34842 _d34842