Probability, Statistics, and Stochastic Processes notes

This study guide is a complete and well-organized resource for anyone taking Math 402 or reviewing key topics in probability and statistics. It covers a wide range of problems, each with clear, step-by-step solutions that explain the reasoning and math behind every answer. Topics include everything from roulette bets and dice games to exponential waiting times, Poisson processes, and size-biased sampling. The guide walks through each concept carefully—using formulas, examples, and detailed exp...