Introduction to Stochastic Processes with R, 1st Edition (ISBN 9781118740651)

Introduction to Stochastic Processes with R by Robert P. Dobrow provides a clear, applications-driven introduction to stochastic modeling with integrated R examples. Designed for undergraduate and graduate students in mathematics, statistics, data science, engineering, and related fields, this text bridges theoretical foundations with hands-on computational practice.

Product Details

• Title: Introduction to Stochastic Processes with R
• Edition: 1st Edition
• Author: Robert P. Dobrow
• ISBN-13: 9781118740651
• Format: Paperback
• Price: $27.99
• Minimum Order: 7 Copies
• Availability: In Stock | Free Shipping

Overview

This introductory text offers an accessible path into stochastic processes, blending probability theory with real data applications and R code. Students learn how to model random systems, run simulations, analyze long-term behaviors, and interpret probabilistic structures across diverse fields.

Key Features

• Integrated R Programming: Demonstrations, scripts, and exercises using R for computation, simulation, and visualization.
• Core Stochastic Topics: Markov chains, Poisson processes, birth-death processes, random walks, and continuous-time models.
• Applied Focus: Examples drawn from biology, finance, engineering, and operations research.
• Practice-Oriented: Numerous exercises, conceptual problems, and coding tasks to reinforce learning.
• Ideal for Classroom Adoption: Well-suited for introductory stochastic processes courses using R.

Topics Covered

• Fundamentals of Random Variables and Probability
• Discrete-Time Markov Chains
• Long-Term and Stationary Behaviors
• Poisson and Renewal Processes
• Continuous-Time Markov Chains
• Stochastic Simulations in R
• Applications in Science, Engineering, and Industry

Who Should Use This Book?

• Mathematics and statistics students
• Data science and analytics learners
• Engineering and operations research programs
• Professionals needing an applied introduction to stochastic modeling

Why Buy from BooksGoat?

• Minimum 7-copy order ideal for courses and workshops
• Free Shipping on all US and international orders
• New, classroom-ready paperback
• Reliable supply for academic departments

Final Call – Order Today

Introduction to Stochastic Processes with R, 1st Edition is a practical blend of probability theory and R-based modeling. Order your departmental or classroom sets today with a minimum of 7 copies. Free shipping included.