Use of Probability Theory and Its Perspectives
Asian Journal of Probability and Statistics,
Probability Theory is a more of a game of chance. It has the condition of likely and unlikely certainties. This theory plays much in human life, in financial institutions, banking, education, governance, insurance, etc. Governments apply probabilistic methods in environmental regulation, entitlement analysis, and financial regulation. Weather patterns, for example, are used by meteorologists to forecast the likelihood of rain. Probability theory is used in epidemiology to investigate the relationship between exposures and the risk of adverse health outcomes. Probability is widely used in all sectors in daily life like sports, weather reports, blood samples, predicting the sex of the baby in the womb, congenital disabilities, statics, and many. In short, probability theory is about randomness; how will probability be applied in life and be enjoyed? Much needs to be done in inculcating it more in our day-to-day activities. We do more to make life a reality. Probability theory is a multifaceted discipline or art of which every life activity revolves around it.
- game of chance
- possible outcome
- probability theory
- unforeseen circumstances
How to Cite
Gorini C. Master Math: Probability. United States of America: Course Technology/ Cengage Learning; 2012.
Kaplan JJ. Factors in Statistics learning: Developing a dispositional attribution model to describe differences in the development of Statistical proficiency (theses). The University of Texas; 2008.
Koparan T, Guven B. The effect of project-based learning approach on Statistical literacy levels of students for probability concept. Journal of Educational and Teaching Research. 2014;3(1):60-84.
NCTM. Why is Teaching with Problem-solving Important to Student Learning. Reston: VA; 2010.
NCTM. Professional Standards for Teaching Mathematics. Reston: VA: Author; 1998.
Zhadyra K. Marat S, Bagdat K. The Current State of Teaching Probability Theory and Mathematical Statistics in Secondary Schools in Kazakhstans. Review of International Geographical Education (RIGEO). 2021;11(5):2467-2478.
Temnikova M. Introduction of Elements from Probability Theory inn the Education in Mathematics for Primary School. Proceedings of CBU in Social Sciences. 2021; 2:325-330.
Abstract View: 71 times
PDF Download: 25 times