Faculty First Year Seminars 197SOM2 - Probability and Games of Chanc
Fall
2015
01
1.00
Nelson Lacey
M 9:05AM 9:55AM
UMass Amherst
40431
?Probability and Games of Chance? will utilize classical statistics to analyze lotteries, roulette, black-jack, poker and other games of chance typically found in casinos around the world. Probability theory has direct bearing on chances of success, and yet far too many choose to participate with little understanding of the risk/reward trade-off. For example, one of the most popular games of chance is the lottery, and yet the payoff from most lottery games is significantly unfavorable to the player.
Surveys of college students show great interest in games of chance, especially with the growth of casino gambling and on-line poker. While freshman do not typically enter UMass with a course in probability and statistics, the treatment in this class will assume little baseline knowledge such that it will be accessible to anyone with interest. Students in this course will take away a realistic view of games of chance, skills that may benefit them throughout their life.
Surveys of college students show great interest in games of chance, especially with the growth of casino gambling and on-line poker. While freshman do not typically enter UMass with a course in probability and statistics, the treatment in this class will assume little baseline knowledge such that it will be accessible to anyone with interest. Students in this course will take away a realistic view of games of chance, skills that may benefit them throughout their life.
Freshmen Only