Applied Statistics

The Applied Statistics program provides students with a solid foundation in mathematical and statistical principles, experience in their application, and a solid background in advanced statistical software packages. Moreover, students learn the important skills of designing an experiment and communicating the results of a statistical analysis in written and oral form.

Application areas include product design, biostatistics, quality control, marketing, customer satisfaction, statistical forecasting and actuarial science. The flexibility of this program allows students to complete many of the minors listed under the Applied Mathematics program, or to combine courses from various minors into a logical sequence. Additionally, students in the Applied Statistics program who minor in business can accelerate the MBA degree from RIT. Through a careful choice of undergraduate courses, students can earn an MBA with only one year of additional study. The BS in Applied Statistics may also be combined with an MS in Applied and Mathematical Statistics.

Degree Requirements

Mathematics and Statistics Core:

1016-210 Seminar I
1016-211 Seminar II
1016-281 Calculus I
1016-282 Calculus II
1016-283 Calculus III
1016-265 Discrete Math I
1016-305 Multivariable Calculus
1016-306 Differential Equations
1016-331 Linear Algebra I
1016-351 Probability
1016-352 Applied Statistics I
1016-354 Regression Analysis
1016-355 Design of Experiments
1016-358 Statistical Quality Control or 1016-457 Research Sampling
1016-399 Co-op Seminar
1016-432 Linear Algebra
1016-451 Mathematical Statistics I
1016-452 Mathematical Statistics II
1016-454 Non-parametric Statistics
1016-555 Statistics Seminar

Mathematics/Statistics Minor: (20 qch per advising)

Computing Courses:

1016-260 Statistical Computing with Excel and Minitab
0307-442 Statistical Computing

and at least one of the following

4003-241 Problem Based Intro to Computer Science
4001-211 Intro to Programming Using C/MatLab
4003-212 Principles of Computer Science

Science: (one year's study in one of the following)

Physics
Chemistry
Biology
Imaging Science

General Education: (click here)

Writing Requirement:

A Technical Writing course
Two technical reports accepted by SMS Writing Committee
A project portfolio

Physical Education:

First Year Enrichment (2 quarters)
Physical Education (2 quarters)

Options

The two options described below help Applied Statistics majors make progress toward their goal in actuarial studies or biostatistics. These options provide students guidance for selecting courses to fulfill elective-course requirements in the areas of Program Concentration, Free Electives, and General Education. Those students whose interest is not in actuarial studies or biostatistics are encouraged to discuss with their academic advisor choices of elective courses. Unlike Institute Minors, these options do not appear as a separate notation on official RIT transcripts. However, the focus of courses around a theme is apparent on a transcript.

Actuarial Studies Option:

The purpose of this option is to prepare students to take the Society of Actuaries' first exam, which is in probability, and to earn credits with the Society of Actuaries by Validation by Educational Experience (VEE) in the areas of economics, finance, and applied statistics. The courses Probability, 1016-351, and Mathematical Statistics I, 1016-451, are particularly useful for the first exam. The courses in regression, 1016-354, and time series, 1016-524, are useful for VEE and are already on the approved list for that credit from the Society of Actuaries.

The main feature of the Actuarial Studies option is that students are advised concerning which courses to take as electives. For example, they might be encouraged to take, as time and scheduling allows (a * indicates those RIT courses which are currently specifically approved by the Society of Actuaries for VEE credit):

In the School of Mathematical Sciences...

Introduction to Time Series, 1016-524*
Stochastic Processes, 1016-525 or 1016-725
Actuarial Mathematics, 1016-541

As part of Liberal Arts General Education...

Principles of Microeconomics, 0511-211*
Principles of Economics II - Micro, 0511-401*
Principles of Macroeconomics. 0511-402
Intermediate Macroeconomic Theory, 0511-455*
Economic Forecasting, 0511-458*

In the College of Business...

Corporate Finance, 0104-350*
Management of Corporation Assess and Liabilities, 0104-452
Intermediate Investments, 0104-453

In the Center for Quality and Applied Statistics in the College of Engineering...

Time Series Analysis & Forecasting, 0307-873*

Students who are interested in this option are encouraged to contact the Actuarial Science Coordinator in the School of Mathematical Sciences at their earliest convenience.

Biostatistics Option:

This option is designed for Applied Statistics majors who want to specialize in biological applications of statistics. These students should take as many biological sciences courses as possible. In particular, they might be encouraged to take, as time and scheduling allows:

In the School of Mathematical Sciences...

Statistics for Bioinformatics, 1016-415

In the School of Biological and Medical Sciences...

Biology 1, 2, and 3, 1001-251, -252, -253, or 1001-201 with -205, -202 with -206, and -203 with -207
Introduction to Bioinformatics, 1001-260
Cell Biology, 1001-311
Molecular Biology, 1001-350
Genetics, 1001-421

In the Department of Chemistry...

General Chemistry and labs, 1011-215 with -205 and -216 with -206
Organic Chemistry I and its lab, 1011-231 with -235

Students who are interested in this option are encouraged to contact the Assistant Head for Statistics Programs in the School of Mathematical Sciences at their earliest convenience.

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