Home
Fuzzy Probabilities: New Approach and Applications / Edition 1
![Fuzzy Probabilities: New Approach and Applications / Edition 1](https://prodimage.images-bn.com/pimages/9783540250333_p0_v3_s600x595.jpg)
Fuzzy Probabilities: New Approach and Applications / Edition 1
Current price: $109.99
Loading Inventory...
Size: OS
In probability and statistics we often have to estimate probabilities and parameters in probability distributions using a random sample. Instead of using a point estimate calculated from the data we propose using fuzzy numbers which are constructed from a set of confidence intervals. In probability calculations we apply constrained fuzzy arithmetic because probabilities must add to one. Fuzzy random variables have fuzzy distributions. A fuzzy normal random variable has the normal distribution with fuzzy number mean and variance. Applications are to queuing theory, Markov chains, inventory control, decision theory and reliability theory.