Inbunden, Engelska, 2026
1 760 kr
Kommande
This book presents our breakthrough mathematical and computational techniques, along with the user-friendly (and “open-source”) GUI-driven software suites incorporating those, that totally revolutionize Stochastics. Superseding all existing techniques, it is like automobiles to horses and buggies.A Fundamental Breakthrough is being able to compute the output distribution, thus also the probability of failure, for “any” model and set of input distributions. One striking implication: It liberates probability distributions (our software easily handles these) from its current types to an infinitude of “no-types,” making current Applied Probability obsolete. Including other advancements – e.g., our novel modeling technique, new basics of stochastic optimization, major clarification for statisticians – these coherently revolutionize Stochastics.The book combines mathematical rigor with reader-friendliness. It will enable most researchers & practitioners to work & think stochastically with ease.