Probability and Risk Analysis

The purpose of this book is to present concepts in a statistical treatment of risks. Such knowledge facilitates the understanding of the in?uence of random phenomena and gives a deeper knowledge of the possibilities o?ered by and algorithms found in certain software packages. Since Bayesian methods are frequently used in this ?eld, a reasonable proportion of the presentation is devoted to such techniques. The text is written with student in mind – a student who has studied - ementary undergradua