Applied Probability

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:

    There does not exist a category of science to which one can give the name applied science. There are science and the applications of science, bound together as the fruit of the tree which bears it.
    Louis Pasteur (1822–1895)

    Crushed to earth and rising again is an author’s gymnastic. Once he fails to struggle to his feet and grab his pen, he will contemplate a fact he should never permit himself to face: that in all probability books have been written, are being written, will be written, better than anything he has done, is doing, or will do.
    Fannie Hurst (1889–1968)