Much research involving probability is done under the auspices of applied probability, the application of probability theory to other scientific and engineering domains. However, while such research is motivated (to some degree) by applied problems, it is usually the mathematical aspects of the problems that are of most interest to researchers (as is typical of applied mathematics in general).
Applied probabilists are particularly concerned with the application of stochastic processes, and probability more generally, to the natural, applied and social sciences, including biology, physics (including astronomy), chemistry, computer science and information technology, and economics.
Another area of interest is in engineering: particularly in areas of uncertainty, risk management, Probabilistic design, and Quality assurance.
Famous quotes containing the words applied and/or probability:
“Any language is necessarily a finite system applied with different degrees of creativity to an infinite variety of situations, and most of the words and phrases we use are “prefabricated” in the sense that we don’t coin new ones every time we speak.”
—David Lodge (b. 1935)
“Liberty is a blessing so inestimable, that, wherever there appears any probability of recovering it, a nation may willingly run many hazards, and ought not even to repine at the greatest effusion of blood or dissipation of treasure.”
—David Hume (1711–1776)