Fundamentals of Probability: With Stochastic Processes by Saeed Ghahramani, 4th edition, offers a comprehensive introduction to probability theory. The book, published by Chapman and Hall/CRC on September 4, 2018, is known for its clear exposition and thorough treatment of both discrete and continuous probability models. It includes intriguing historical notes, insightful comments, and well-chosen examples and exercises that capture much of the essence of probability.

Alongside its Companion Website, this text serves as an ideal primary resource for a first course in probability. Additionally, it provides sufficient material for a subsequent course focusing on stochastic processes and stochastic simulation. The book’s structured flow makes reading easy, with each sub-topic within a chapter supplemented by a comprehensive list of exercises, frequently accompanied by self-quizzes. Each chapter concludes with a summary and a rich collection of review problems to reinforce understanding.

According to Nawaf Bou-Rabee, Associate Professor of Mathematics at Rutgers University Camden, USA: “The 4th edition of Ghahramani’s book is replete with intriguing historical notes, insightful comments, and well-selected examples/exercises that, together, capture much of the essence of probability. Along with its Companion Website, the book is suitable as a primary resource for a first course in probability. Moreover, it has sufficient material for a sequel course introducing stochastic processes and stochastic simulation.” And Dalia Chakrabarty from Loughborough University, UK, adds: “This book is an excellent primer on probability, with an incisive exposition to stochastic processes included as well. The flow of the text aids its readability, and the book is indeed a treasure trove of set and solved problems. Every sub-topic within a chapter is supplemented by a comprehensive list of exercises, accompanied frequently by self-quizzes, while each chapter ends with a useful summary and another rich collection of review problems.”

The book contains 652 pages and has the following dimensions: 7.25 x 1.75 x 10.25 inches. It is ISBN-10: 1498755097, ISBN-13: 978-1498755092.

Read more about this valuable resource in probability theory and stochastic processes.