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Title: The Five Percent Solution
Url: https://www.maa.org/external_archive/devlin/devlin_may.html
Creator: Devlin, Keith
Publisher: Mathematical Association of America
Description: "Mathematical disciplines such as statistics, optimization theory, probability theory, queuing theory, control theory, game theory, and operations research are all used routinely in making difficult choices in public policy, health, business, manufacturing, finance, law, and various other human endeavors. Mathematics can play a significant role in arriving at decisions in all walks of life-making policy decisions connected with global warming, deciding on the most economic way to generate electric power, making a profit in financial markets, approving new drugs, weighing legal evidence, flying aircraft safely, managing complex construction projects, choosing new business strategies, and so forth. But the role played by mathematics in such domains is rarely that of 'providing the solution'. Far more commonly, the mathematics can "influence" or "inform" the decision making process."
LC Classification: Science -- Mathematics -- Study and teaching. Research
Social sciences -- Commerce -- Business -- Business mathematics. Commercial arithmetic
Technology -- Engineering (General). Civil engineering -- Engineering (General). Civil engineering (General) -- Engineering mathematics. Engineering analysis
GEM Subject: Science
Science -- Engineering
Mathematics
Mathematics -- Technology
Mathematics -- Instructional issues
Mathematics -- Informal education
Mathematics -- Applied mathematics
Philosophy
Philosophy -- Educational Philosophy
Date Issued: 1996-05-01
Resource Type: Reference Material
Format: Document -- HTML
Audience: Educator
Learner
Education Level: High School
Middle School
Higher Education -- Graduate/Professional
Higher Education -- Undergraduate (Lower Division)
Higher Education -- Undergraduate (Upper Division)
Higher Education -- Technical Education (Upper Division)
Higher Education -- Technical Education (Lower Division)
Vocational/Professional Development Education
Language: English
Rights: Mathematical Association of America
Access Rights: Free access
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Source: Math Forum
Full Record Views: 4
Resource URL Clicks: 7
Cumulative Rating: NOT YET RATED
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Resource Comments

Subject: The Five Percent Solution
Posted By: Zuki
Date Posted: 2/25/07 10:23am
this is a really great resource!
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