The workshop will be built on the success of previous editions that took place at Simón Bolívar University (Venezuela, 2002), University of Piraeus (Greece, 2004), University of Connecticut (USA, 2006) and University of Technology of Compiègne (France, 2008). More than three hundred participants from all over the globe have attended IWAP 2008. These workshops were co-sponsored by major organizations, including: Bernoulli Society, Institute of Mathematical Statistics and the hosting Institutions.