Foreword
In 1814, Pierre-Simon Laplace wrote, “Life’s most important questions are, for the most part, nothing but probability problems.” For well over a hundred years after that, the only way to answer such questions (while remaining true to the dictum) was to analyze each problem with pen and paper, obtain a formula for the result, and evaluate the formula by plugging in the numbers by hand. The advent of computers did not change this very much. It simply meant that more-complicated formulas could be evaluated, with more numbers, and the pen-and-paper analyses became more ambitious, often stretching to hundreds of pages.
The analysis of a probability problem requires the formulation of a probability model that lays out the space of possibilities ...
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