{"product_id":"stochastics-and-computational-techniques","title":"Stochastics and Computational Techniques","description":"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 \u0026amp; practitioners to work \u0026amp; think stochastically with ease.","brand":"De Gruyter","offers":[{"title":"Default Title","offer_id":58455382229327,"sku":"9783112248973","price":201.95,"currency_code":"EUR","in_stock":true}],"url":"https:\/\/www.suomalainen.com\/products\/stochastics-and-computational-techniques","provider":"Suomalainen.com","version":"1.0","type":"link"}