Plzeň, Czech Republic

Financial Informatics and Statistics

Finanční informatika a statistika

Master's
Language: CzechStudies in Czech
Subject area: economy and administration
Years of study: 2
University website: www.zcu.cz
Informatics
Informatics is a branch of information engineering. It involves the practice of information processing and the engineering of information systems, and as an academic field it is an applied form of information science. The field considers the interaction between humans and information alongside the construction of interfaces, organisations, technologies and systems. As such, the field of informatics has great breadth and encompasses many subspecialties, including disciplines of computer science, information systems, information technology and statistics. Since the advent of computers, individuals and organizations increasingly process information digitally. This has led to the study of informatics with computational, mathematical, biological, cognitive and social aspects, including study of the social impact of information technologies.
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.
Statistics
I wish that people would be persuaded that psychological experiments, especially those on the complex functions, are not improved (by large studies); the statistical method gives only mediocre results; some recent examples demonstrate that. The American authors, who love to do things big, often publish experiments that have been conducted on hundreds and thousands of people; they instinctively obey the prejudice that the persuasiveness of a work is proportional to the number of observations. This is only an illusion.
Alfred Binet (1903). L’Etude experimentale de l’intelligence. Paris: Schleicher Freres and Cie. p. 299; As cited in: Carson (1999, 360)
Statistics
There are three kinds of lies: lies, damned lies, and statistics.
Attributed to Benjamin Disraeli by Mark Twain in "Chapters from My Autobiography — XX", North American Review No. DCXVIII (JULY 5, 1907) [1]. His attribution is unverified and the origin is uncertain: see Lies, damned lies, and statistics and Leonard H. Courtney. Other authors to whom the quote has been attributed, as reported in Respectfully Quoted: A Dictionary of Quotations (1989), include Henry Labouchère, Abram S. Hewitt, and Holloway H. Frost.
Statistics
Although its evolution in the United States differed markedly from that of applied mathematics, statistics, too, benefited from the presence of the emigres and from the overall war effort. After a protracted period of professional differentiation from the social scientists and from the social sciences, mathematical statisticians had formed their own society, the Institute of Mathematical Statistics (IMS), in 1935. By 1938, the IMS had also taken over responsibility for the Annals of Mathematical Statistics, a journal that had been founded in 1929 to serve the needs of the more mathematically and theoretically inclined statistical practitioners. Thus, when refugees like Neyman, William Feller, Mark Kac, and Abraham Wald took up positions in the United States at Berkeley, Brown, Cornell, and Columbia, respectively, they were able to participate in a young, but viable, community of mathematical statisticians.
Karen Hunger Parshall, "Perspectives on American Mathematics", Bulletin of the American Mathematical Society (2000) 37: 381–405.
Privacy Policy