The title is based on the premise that engineers can use probability as a modeling tool and apply that probability to solving design problems. Engineers and students studying probabilistic and random processes also need to analyze data and therefore need some statistical knowledge. This book is intended to provide students with a solid foundation for probabilistic and stochastic processes, demonstrating their applicability to real-world problems, and presenting the basics of statistics. The clear writing style of the book and homework problems make it ideal for teaching or self-study.

- Demonstrates concepts with more than 100 illustrations, including two dozen new drawings
- Extends the understanding of disturbing statistics in a new chapter (Chapter 8)
- Includes a new chapter on introduction to random processes with 14 new illustrations and tables explaining the main concepts.

Contains chapters devoted to the two branches of statistics, namely descriptive statistics (Chapter 8) and inference-related (or inductive) statistics (Chapter 9).