Equal stress is given to theory and applications.
Ideal college-level or supplementarv text. This well-respected introduction to statistics and statistical theory covers data processing, probability and random variables, utility and descriptive statistics, computation of Bayes strategies, models, testing hypotheses and much more. Clearly written, brief, well-indexed and abundantly equipped with exercise material. Concise elegant monograph introduces application of mathematical theories of measure and martingales to the problem of optimal stopping. Applications mainly in sequential analysis branch of statistical theory.