Lesbos, Greece

Statistics and Actuarial – Financial Mathematics

Bachelor's
Table of contents

Statistics and Actuarial – Financial Mathematics at University of The Aegean

Language: EnglishStudies in English
Subject area: mathematics and statistics
University website: www.aegean.gr/

Definitions and quotes

Mathematics
Mathematics (from Greek μάθημα máthēma, "knowledge, study, learning") is the study of such topics as quantity, structure, space, and change. It has no generally accepted definition.
Statistics
Statistics is a branch of mathematics dealing with the collection, analysis, interpretation, presentation, and organization of data. In applying statistics to, for example, a scientific, industrial, or social problem, it is conventional to begin with a statistical population or a statistical model process to be studied. Populations can be diverse topics such as "all people living in a country" or "every atom composing a crystal". Statistics deals with all aspects of data including the planning of data collection in terms of the design of surveys and experiments. See glossary of probability and statistics.
Mathematics
“It’s magic,” the chief cook concluded, in awe.
“No, not magic,” the ship’s doctor replied. “It’s much more. It’s mathematics.”
David Brin, Glory Season (1993), chapter 24
Statistics
The death of one man is a tragedy, the death of millions is a statistic.
Variants: One death is a tragedy. A million deaths is just a statistic. A single death is a tragedy; a million deaths is a statistic. When one dies, it is a tragedy. When a million die, it is a statistic.
Statistics
Without the aid of statistics nothing like real medicine is possible.
Pierre Charles Alexandre Louis
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