This textbook provides easy access to stochastic processes for students of applied science at many levels. With its carefully modularized discussion and crystal clear differentiation between rigorous proof and plausibility argument, it is very accessible to beginners but flexible enough to serve those who come to the course with strong backgrounds.

Adventures in Stochastic Processes contains many examples, exercises, and applications of a practical and serious nature. Underlying principles of complex problems and computations are cleanly and quickly delineated through lively and rich vignettes of a personalized group of characters inhabiting our random world. Each chapter is fully supplemented with exercises.

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