PRESIDENTIAL LECTURE SERIES  
2003
 
presents
 

Dr. Nozer Singpurwalla

Distinguished Research Professor
Department of Engineering Management
and Systems Engineering
 School of Engineering & Applied Science

and

Professor of Statistics
Department of Statistics

Columbian School of Arts and Sciences
The George Washington University

A fellow of the American Statistical Association and the Institute of Mathematical Statistics, he has been serving as a distinguished research professor at George Washington University since 1969.

He is an expert in the field of Reliability and Bayesian Statistics and a prolific writer with seven books and over 150 articles to his credit. In addition, he has done consulting work with several companies, including (but not limited to) NASA, GM and the Ford Motor Company.

The consulting work has led to several interesting “real world” statistical problems, one of which will be presented here at FIU.

LECTURE

“Contract Warranties and Equilibrium Probabilities”

Friday, February 14, 2003
3:00 pm

Florida International University (FIU)
Wertheim Conservatory
11200 SW 8th Street, Miami, FL

(Enter FIU through SW 107th Avenue and SW 16th Street)
  Lecture Abstract: The problem of warranties is at the interface of law, philosophy, and mathematics. Its origins are in the legal and moral sciences; its impact is in the economic and the behavioral sciences; its philosophical content lies in the meaning and the interpretation of probability. In this talk we describe a real life legal scenario entailing warranties and discuss its scientific ramifications. We conclude by showing that the scenario brings into play the three interpretations of probability: objective, subjective and logical.