Play of Chance and Purpose

Play of Chance and Purpose emphasizes learning probability, statistics, and stochasticity by developing intuition and fostering imagination as a pedagogical approach. This book is meant for undergraduate and graduate students of basic sciences, applied sciences, engineering, and social sciences as an introduction to fundamental as well as advanced topics. The text has evolved out of the author's experience of teaching courses on probability, statistics, and stochastic processes at both undergraduate and graduate levels in India and the United States. Readers will get an opportunity to work on several examples from real-life applications and pursue projects and case-study analyses as capstone exercises in each chapter. Many projects involve the development of visual simulations of complex stochastic processes. This will augment the learners' comprehension of the subject and consequently train them to apply their learnings to solve hitherto unseen problems in science and engineering.

• Coverage ranges from foundational concepts like conditional probability to advanced ones like Markov chains, M/M/n queues, and principal component analysis
• Margin notes and illustrations for visualizations of theoretical constructs and concepts
• Computer-aided projects and case studies based on real-life scenarios
• Instructors' resources include solution manual and Python compendium