This updated text provides a superior introduction to applied probability and statistics for engineering or science majors. Ross emphasizes the manner in which probability yields insight into statistical problems; ultimately resulting in an intuitive understanding of the statistical procedures most often used by practicing engineers and scientists. Real data sets are incorporated in a wide variety of exercises and examples throughout the book, and this emphasis on data motivates the probability coverage.

As with the previous editions, Ross’ text has remendously clear exposition, plus real-data examples and exercises throughout the text. Numerous exercises, examples, and applications
apply probability theory to everyday statistical problems and situations.

Also Available: Student Solutions Manual for Introduction to Probability and Statistics for Engineers and Scientists, 4e ISBN:9780123705280

New to the 4th Edition:
- New Chapter on Simulation, Bootstrap Statistical Methods, and Permutation Tests
- 20% New Updated problem sets and applications, that demonstrate updated applications to engineering as well as biological, physical and computer science
- New Real data examples that use significant real data from actual studies across life science, engineering, computing and business
- New End of Chapter review material that emphasizes key ideas as well as the risks associated with practical application of the material

Download ebook: Introduction to Probability and Statistics for Engineers and Scientists, 4th Edition

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Nuclear engineering plays an important role in various industrial, health care, and energy processes. Modern physics has generated its fundamental principles. A growing number of students and practicing engineers need updated material to access the technical language and content of nuclear principles.

Nuclear Principles in Engineering is written for students, engineers, physicians and scientists who need up-to-date information in basic nuclear concepts and calculation methods using numerous examples and illustrative computer application areas.

Drawing upon years of practical experience and research Tatjana Jevremovic covers nuclear principles as they apply to:

- Power production propulsion

- Electric generators for space applications

- Diagnostics and treatment in medicine

- Imaging

- Homeland security 

Download ebook: Nuclear Principles in Engineering

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Given that engineering flexibility can potentially provide a competitive advantage, the question then becomes: Precisely how valuable is this flexibility? However, traditional methods often fail to accurately capture the economic value of investments in an environment of widespread uncertainty and rapid change. The real options method represents the new state-of-the-art technique for valuation and management of strategic investments, enabling corporate decision-makers to leverage uncertainty and limit downside risk.

Real Options in Engineering Design, Operations, and Management presents and synthesizes the body of knowledge in the area of real options for engineering systems. Providing case studies and step-by-step computations of real options valuation, it covers engineering applications across different disciplines such as industrial and civil engineering, and computer science. The authors review financial-option research results, consider how to quantify engineering activities, and analyze optimal business strategies based on a variety of real option models. They integrate academic work on real options in engineering, current practice, and discussion of future needs and opportunities.

Flexibility in decision making allows firms to compete more effectively in a world of substantial price and demand uncertainty, product variety, short product life cycles, and rapid product development. And with more frequent demands being placed on engineering systems to change, managers and manufacturing systems must react to events as they unfold. This book explores a real options modeling framework for engineering transitions that allows decision makers to capture and investigate several alternatives for improving an engineering system.

Download ebook: Real Options in Engineering Design, Operations, and Management

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