Explain why probability is important to statistics and data science. See the relationship between conditional and independent events in a statistical experiment. Calculate the expectation and variance ...

Introduction to probability theory and statistical methods necessary for analyzing the behavior of processes and experiments. Statistical tests for detecting significant changes in process parameters.

The beauty of Statistics is that if you can take a large enough group of people, you can predict really well what the outcome will be overall Our research works across the fields of probability, ...

The aim of this unit is to enable the students to understand the required theoretical basis and technical skills to feel comfortable with basic probability and statistics aimed at decision making for ...

The course provides a precise and accurate treatment of probability, distribution theory and statistical inference. As such there will be a strong emphasis on mathematical statistics as important ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Patrick Billingsley, an influential probability theorist who also became an accomplished actor of stage and screen, died Friday, April 22 in his Hyde Park home after a short illness. He was 85. “He’s ...

Life is uncertain. None of us know what is going to happen. We know little of what has happened in the past or is happening now outside our immediate experience. Uncertainty has been called the ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The Department of Applied Mathematics offers a Bachelor of Arts degree in statistics and data science through the College of Arts and Sciences. The BA degree is designed with an emphasis on inter- and ...