Quantitative Reasoning: Prob,Stats & Decisn-Mkng

(4 Credits)

This course examines the role in mathematics in making "correct" decisions. Special attention is devoted to quantifying the notions of "correct," "fair," and "best" and using these ideas to establish optimal decisions and algorithms to problems of incomplete information and uncertain outcomes. The mathematical tools used include a selection of topics in statistics, probability, game theory, division strategies, and optimization.