Modern Mathematical Statistics with Applications

Discover a balanced approach to mathematical statistics with Modern Mathematical Statistics with Applications, 2nd Edition. This book strikes a balance between rigorous mathematical development and statistical practice by providing clear explanations and a wide range of applications involving real data. With a focus on inferential statistics, readers will learn about point estimation, statistical intervals, hypothesis testing, and more, with new exercises that prepare students for actuarial exams. Explore how to apply this methodology to real-world scenarios, including predicting O-ring failure during space shuttle launches and assessing if the average tip percentage in a restaurant exceeds 15%.