# Applied probability

**Applied probability** is the application of probability theory to statistical problems and other scientific and engineering domains.

## Scope

Much research involving probability is done under the auspices of **applied probability**. However, while such research is motivated (to some degree) by applied problems, it is usually the mathematical aspects of the problems that are of most interest to researchers (as is typical of applied mathematics in general).

Applied probabilists are particularly concerned with the application of stochastic processes, and probability more generally, to the natural, applied and social sciences, including biology, physics (including astronomy), chemistry, computer science and information technology, and economics.

Another area of interest is in engineering: particularly in areas of uncertainty, risk management, Probabilistic design, and Quality assurance.

## See also

- Areas of application:
- Ruin theory
- Statistical physics
- Stoichiometry and modelling chemical reactions
- Ecology, particularly population modelling
- Evolutionary biology
- Optimization in computer science
- Telecommunications
- Options pricing in economics
- Ewens's sampling formula in population genetics
- Operations research
- Gaming mathematics

- Stochastic processes:
- Additional information and resources
- Applied Probability Trust
- INFORMS Institute for Operations Research and the Management Sciences

## Further reading

- Baeza-Yates, R. (2005)
*Recent advances in applied probability*, Springer. ISBN 0-387-23378-4 - Blake, I.F. (1981)
*Introduction to Applied Probability*, Wiley. ISBN 0-471-06082-8