Applied mathematics

Applied mathematics considers the use of abstract mathematical tools in solving concrete problems in the sciences, business, and other areas.
Applied mathematics has significant overlap with the discipline of statistics, whose theory is formulated mathematically, especially with probability theory. Statisticians (working as part of a research project) "create data that makes sense" with random sampling and with randomized experiments; the design of a statistical sample or experiment specifies the analysis of the data (before the data be available). When reconsidering data from experiments and samples or when analyzing data from observational studies, statisticians "make sense of the data" using the art of modelling and the theory of inference – with model selection and estimation; the estimated models and consequential predictions should be tested on new data.[35]

Computational mathematics proposes and studies methods for solving mathematical problems that are typically too large for human numerical capacity. Numerical analysis studies methods for problems in analysis using ideas of functional analysis and techniques of approximation theory; numerical analysis includes the study of approximation and discretization broadly with special concern for rounding errors. Other areas of computational mathematics include computer algebra and symbolic computation.