Introduction to Probability Models 8/e continues to introduce and inspire readers to the art of applying probability theory to phenomena in fields such as engineering, computer science, management and actuarial science, the physical and social sciences, and operations research. Now revised and updated, this best-selling book retains its hallmark intuitive, lively writing style, captivating introduction to applications from diverse disciplines, and plentiful exercises and worked-out examples.

New to this edition are five new sections, and numerous new examples and exercises, many of which focus on strategies applicable in risk industries such as insurance or actuarial work.