MATH 354 Concepts of Probability and Statistics
The MATH 354 Concepts of Probability and Statistics course is basically an introduction to probability and calculus-based statistics. Topics include probability, random variables, probability distributions (discrete and continuous), joint probability distributions (discrete and continuous), statistical inference (estimation and testing of hypotheses), confidence intervals for the distribution of parameters and their functions, sample size determination, analysis, variance, regression and relevance. This course meets the needs of practitioners and those planning to continue studying statistics.
The probability can be expressed as a ratio from 0 to 1 or as a percentage from 0% to 100%. A probability of 0 means that a particular event cannot happen and a probability of 1 means that an event will happen. A probability of 0.45 (45%) means there are 45 chances out of 100 events.
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