Overview: This book reviews problems associated with rare events arisingin a wide range of circumstances, treating such topics as how toevaluate the probability an insurance company will be bankrupted, thelifetime of a redundant system, and the waiting time in a queue. .Well-grounded, unique mathematical evaluation methods of basicprobability characteristics concerned with rare events are presented,which can be employed in real applications, as the volume alsocontains relevant numerical and Monte Carlo methods. The variousexamples, tables, figures and algorithms will also be appreciated...Audi
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