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Mathematical Probability and Statistics

Mathematical probability and statistics have applications in a variety of scientific disciplines, including biometrics and genetics. Continue reading to learn about academic and career opportunities related to statistics and probability.

Inside Mathematical Probability and Statistics

Statistics is the science of analyzing a set of collected numerical data by using math principles. Statisticians can then formulate conclusions and make decisions based on the results. They may also design experiments.

Mathematical statistics makes use of probability theory and other branches of math, such as linear algebra, to help in the analysis of data. It involves the study of estimation, optimality, discrete data analysis and hypothesis testing. Mathematical statistics may be used in the fields of medicine, including pharmacology and clinical trials, business, government, physical sciences and business.

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