Probabilitatem Extraordinaire. Theory and Practice of Probability (eBook, PDF)

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Document from the year 2024 in the subject Mathematics, grade: 2.1, , course: THEORY AND PRACTICE OF PROBABILITY: AN EXTRAORDINARY VERSION, language: English, abstract: Probability is extremely important in today's society, and the theory has several practical applications. For example, scientists utilize the notion of probability to predict the risk of a pandemic emerging in the future, and doctors use probability theory to estimate the likelihood that a patient would react to a specific therapy or die from the sickness. In reality, it is no longer news that many individuals make a lot of money by gambling and betting on games, and probability, which started in gambling, has become a highly valuable instrument that gamblers use to stack the odds in their favor and increase their gambling revenue. It is because probability has become so valuable in our society and is extensively taught in high schools, colleges, and universities, that I choose to focus this book on theory and practice of probability. Probabilitatem Extraordinaire is a textbook that I wrote based on my 15 years of teaching experience. In my teaching experience, I observed that some students study at a very slow rate, some at a fast pace, and some at an average pace. Furthermore, nearly all students who learn at slow or medium speeds are numerophobic, which means they have a strong phobia or dread of studying mathematics and other calculative courses, and this fear is known as arithmophobia. As a result, Probabilitatem Extraordinaire was composed with the understanding that individuals have varying learning speeds, particularly those who learn slowly. The text was carefully compiled to ensure that even students with no prior exposure to math-related subjects or those apprehensive about STEM-related subjects can comprehend the entire content of this book should they choose to engage with it. An intriguing aspect of this book is that not only is it presented in a highly simplified manner, but it is also designed to be exceptionally appealing to readers. Consequently, any learner who encounters this book for the first time will be enticed to read it in its entirety. Hence, Probabilitatem Extraordinaire was created with the aim of assisting every student in overcoming their fear of arithmetic. It caters to quick learners by incorporating highly advanced probability concepts, exposing all students to high-level ideas that will help them excel in settings requiring advanced prediction and forecasting skills. This book will be highly beneficial for high school math teachers and department lecturers focusing on probability. It contains practical examples.

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Ugwuja Chinonso Oliver (ACIEHS, ACICRM, GNIM) is a multidimensional economist, business analyst, banker, and chartered manager certified by the Nigerian Institute of Management, and a passionate teacher. He has been a research consultant since 2016 with over six published research papers and eBooks. Chinonso is proficient in statistical and econometric modeling with special skills in using E-VIEWS, STATA, SPSS, EXCEL, and other software, including BankOne and EasyBankAX. His position has been beneficial to many scintillating researchers in economics and other related disciplines. He has helped students to acquire indelible knowledge that has helped them scale through their public examinations. His banking, management, and audit profession has continuously helped companies grow their revenues and increase their customer base. His writing skills attracted sponsorship to a lounge where he worked as an inventory controller/internal auditor. Chinonso studied economics at the University of Nigeria. He obtained a Second-Class Upper Division (Magnum Cum Laude) and was honored as a policy critic of the year 2017. He obtained the West African Examinations Certificate (WAEC) with excellent results at Saint Teresa's College, Nsukka, in 2012. His passion for educational advancement and contributing to the development of the global economy by imparting knowledge to others and helping SMEs to grow compelled him to take online courses and obtain a Graduate Diploma in Digital Marketing and Customer Relationship Management (CRM). Chinonso has diverse professional careers in banking, research, teaching, and business. Chinonso Oliver Ugwuja is currently a staff member of the Enugu State Internal Revenue Service (ESIRS) with roles in tax assessment and audit. Chinonso is a partner with Formazione Business School as a facilitator for Skill Acquisition and Entrepreneurship Development (SAED), where he had trained business owners in various skills, including business management, and he is a volunteer with the Financial Inclusion and Literacy Group. Furthermore, he seeks national & international exposure and opportunities to contribute more to the growth of the global economy.