Introduction Basic Statistics

The Mathematics Curriculum that we have is based on a foundation of Arithmetic and Algebra and should be in Probability and Statistics. Because very few people actually use Calculus in a conscious meaningful way in their day-to-day lives.

On the other hand, Statistics, that's a subject that you could and should use on a daily basis, It risks, rewards, randomness and understanding data.I think of our high school students. If all of the American citizens knew about probability and statistics, we wouldn't be in the economic mess that we're today.

Probability and Statistics, it's the Mathematics of games and gambling. It's analyzing trends, it's predicting the future. Since the world has changed from analog to digital, it's time for our Mathematics Curriculum to change from analog to digital.

From the more classical continuous mathematics to the more modern, discrete mathematics. The mathematics of uncertainty, of randomness of data and that being probability and statistics. In summary, instead of our students learning about the techniques of calculus. I think it would be far more significant if all of them knew what two standard deviations from the mean means.

Review Basic Concepts

Probably you already studied the subject, but it’s good fresh our minds and shake the dust a little bit to view these concepts that you are going to use more and more. The way a statistic is thought, even in the greatest schools in Europe and the US is not very applicable in everyday life.

So, what I'm gonna try to do here is review with you the concepts, calculation, the mathematics behind Statistics.This is a view on how to apply statistics in business situations to make better decisions. Instead of the formal theory, what we'll try to do today and tomorrow, is how to apply his statistics for unbiased decision making.