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Document Type EBook Document Title Probability_and_Mathematical_Statistics
Subject Probability and Statistics Author or Source Prasanna Sahoo
Academic Level Bachelor Language English
Credits Required 0 eCredits File Name probability_and_mathematical_statistics.pdf
Format PDF Sofar Downloaded By 2124 Users
Dessription Probability is the branch of mathematics concerning numerical descriptions of how likely an event is to occur, or how likely it is that a proposition is true. The probability of an event is a number between 0 and 1, where, roughly speaking, 0 indicates impossibility of the event and 1 indicates certainty. Statistics is the discipline that concerns the collection, organization, analysis, interpretation, and presentation of data. In applying statistics to a scientific, industrial, or social problem, it is conventional to begin with a statistical population or a statistical model to be studied. As a mathematical foundation for statistics, probability theory is essential to many human activities that involve quantitative analysis of data. Methods of probability theory also apply to descriptions of complex systems given only partial knowledge of their state, as in statistical mechanics or sequential estimation. A great discovery of twentieth-century physics was the probabilistic nature of physical phenomena at atomic scales, described in quantum mechanics.
Tags: probability and statistics, bachelors

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