Theory of Probability: A Critical Introductory Treatment: 6 (Wiley Series in Probability and Statistics) - Image 1

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Wiley Theory of Probability: A Critical Introductory Treatment: 6 (Wiley Series in Probability and Statistics)

Name: Theory of Probability: A Critical Introductory Treatment: 6 (Wiley Series in Probability and Statistics)
Brand: Wiley
Price: 65.7 GBP
Availability: InStock

Probability & Statistics

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Description

First issued in translation as a two-volume work in 1975, this classic book provides the first complete development of the theory of probability from a subjectivist viewpoint. It proceeds from a detailed discussion of the philosophical mathematical aspects to a detailed mathematical treatment of probability and statistics. De Finetti's theory of probability is one of the foundations of Bayesian theory. De Finetti stated that probability is nothing but a subjective analysis of the likelihood that something will happen and that that probability does not exist outside the mind. It is the rate at which a person is willing to bet on something happening. This view is directly opposed to the classicist/ frequentist view of the likelihood of a particular outcome of an event, which assumes that the same event could be identically repeated many times over, and the 'probability' of a particular outcome has to do with the fraction of the time that outcome results from the repeated trials.

Product Specifications

Brand: Wiley
Format: Hardcover
ASIN: 1119286379
Category: Books > Subjects > Science, Nature & Maths > Mathematics > Probability & Statistics
Domain: Amazon UK
Release Date: 31 March 2017
Listed Since: 13 February 2016

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Wiley Theory of Probability: A Critical Introductory Treatment: 6 (Wiley Series in Probability and Statistics)

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