This course introduces students to the basic concepts and applications of probability theory. An understanding of probability theory is essential to statistics, which is the fundamental basis of how all research is done, from science to medicine to business, marketing, and governmental politics. Probability theory is also essential to such disciplines as mathematics, finance, artificial intelligence, and even legalized gambling (such as state lotteries). Examples of applications problems from these areas are included in the course, with a focus on understanding the concepts and methods of probability theory, as well as solving problems taken from real world applications.(Prerequisite: MATH226)

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