MATH 240 Probability For Engineers 2023 - 2024 Fall: Course Objective
MATH 240 Probability For Engineers 2023 - 2024 Fall: Course Objective
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• Course Book
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Importance of Statistics
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Variability
• Statistical techniques are useful to describe
and understand variability.
• By variability, we mean successive observations
of a system or phenomenon that do not produce
exactly the same result.
• Statistics gives us a framework for describing this
variability and for learning about potential
sources of variability.
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Why Study Probability and Statistics?
• Many problems we face in daily life involve some
degree of uncertainty
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Figure 1.2: Fundamental relationship between probability and inferential statistics.
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Where We Use Statistics and
Probability in Daily Life?
• Gambling, sports, and games industry
• Insurance industry
• Meteorology and weather forecasting
• Economics
• Manufacturing
• Medicine
• Social sciences
• Computer science
• Research
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What is Probability?
• Probability is expressed on a linear scale from
0 (impossibility) to 1 (certainty), also
expressed as a percentage between 0% and
100%.
• Probability is the likelihood or chance that a
particular event (or an outcome of a random
experiment) will occur.