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Understanding Probability Models (eBook, PDF)

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This book intends to highlight how the Theory of Probability supports, not only statistical modeling but how it allows describing different real-life phenomena. It gives clues for understanding the philosophic roots of probability and how they are present in different areas of knowledge. The readers may use the book as a source for understanding the philosophical development of probability concepts and of the intents to obtain mathematical models. The chapters deal with the understanding of how probability models are usable for determining: a Probabilistic model of the best flight value for th...

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