Understanding Probability: Chance Rules in Everyday Life

“Understanding the principles of probability can shed new light on circumstances where chance and randomness seem to be in control. Henk Tijms gives the reader a casual introduction to the field of probability, emphasizing how and why it operates. In order to clearly explain the key ideas from probability theory, he thoroughly covers lotteries and casino games using a ton of worked examples. Since 1976, Henk Tijms has taught operations research at Amsterdam’s Vrije University. In addition to numerous articles on applied probability and stochastic optimization published in prestigious international journals like Applied Probability and Probability in the Engineering and Informational Sciences, he is the author of several textbooks, including A First Course in Stochastic Models (Wiley, 2003).”