MATH 111-01, Probability and Statistics, Fall 2004

Abstract

Statistics is the science of gaining information from numerical data. Our modern technological world generates data at an enormous rate. Newspapers, business meetings, and governmental committee meetings are often inundated with data. However, all too often the data is improperly obtained and improperly assessed. Important everyday decisions for individuals, corporations, societies, and governments hinge on a proper understanding and assessment of data. Every facet of industry, science, engineering, economics and business benefits from a solid knowledge of statistics. This is why there are more statisticians employed in the United States than mathematicians from all other branches of mathematics combined. The material in this course will benefit students for actuarial exams and university courses in economics, engineering, biology or psychology which require statistical methodology.