Probability and Statistics for Finance

A comprehensive look at how probability and statistics is applied to the investment process<br /> <br /> <p>Finance has become increasingly more quantitative, drawing on techniques in probability and statistics that many finance practitioners have not had exposure to before. In order to keep up, you need a firm understanding of this discipline.<br /> <i>Probability and Statistics for Finance</i> addresses this issue by showing you how to apply quantitative methods to portfolios, and in all matter of your practices, in a clear, concise manner. Informative and accessible, this guide starts off with the basics and builds to an intermediate level of mastery.<br /> •    Outlines an array of topics in probability and statistics and how to apply them in the world of finance<br /> •    Includes detailed discussions of descriptive statistics, basic probability theory, inductive statistics, and multivariate analysis<br /> •    Offers real-world illustrations of the issues addressed throughout the text<br /> The authors cover a wide range of topics in this book, which can be used by all finance professionals as well as students aspiring to enter the field of finance.</p>