Who is this class for: This course is aimed for all those who want to learn how to improve decisions that involve some uncertainty. The course is constructed such that no previous knowledge of statistics is required to follow it. The acquired knowledge can be applied in any field that involves uncertainty.


Created by:   University of Zurich

  • Karl Schmedders

    Taught by:    Karl Schmedders, Professor of Quantitative Business Administration

    Department of Business Administration
LevelBeginner
CommitmentYou will have to invest about 3-4 hours per module to acquire the taught knowledge.
Language
English
Hardware ReqYou will need Excel or a similar spreadsheet program, such as the Google Docs spreadsheet.
How To PassPass all graded assignments to complete the course.
User Ratings
4.8 stars
Average User Rating 4.8See what learners said
Syllabus

FAQs
How It Works
Coursework
Coursework

Each course is like an interactive textbook, featuring pre-recorded videos, quizzes and projects.

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Certificates

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Creators
University of Zurich
Founded in 1833, the University of Zurich (UZH) is Switzerland’s largest university, with a cur­rent enrollment of over 26,000 students. Made up of seven faculties covering approximately 100 different subject areas, UZH is proud to offer the most comprehensive aca­demic program in the country.
Ratings and Reviews
Rated 4.8 out of 5 of 44 ratings

Easy to understand, funny, straightforward, and taught in such a way that it is immediately clear as you are learning how these skills can be used in the real world. I highly recommend this course to anyone seeking to learn about the fundamentals of probability, even those who don't use the subject in their career or lives.

My only bit of criticism would be that the course relies on intermittent checks for understanding as the sole criterion for passing the course rather than longer, broader problem sets. I would love to see more in the way of rigorous exams and projects. But I suppose that's what more advanced courses are for! If this course is intended to be a gentle introduction to the broad subject with the understanding that students will follow up with more advanced coursework as necessary, they have certainly succeeded admirably at that goal.

Well narrated, really easy to understand. A hundred percent will recommend to my friends. Thank you Professor!

Excellent approach to explaining the theory. The emphasis on getting the fundamentals right was a welcome change from other similar courses which get into problem solving mode too soon without clarifying the basics. That being said the usage of multiple real world problems like Monty Hall, Prosecutor's Dilemma and the brilliant explanation for solutions helped me derive great clarity on key concepts. The best Coursera course I have encountered in a while.

This course is great. Karl is really smart and funny. I hope he makes more courses. Thanks Karl!

ps. I thought I had already rated it, but don't see my star count and it deserves every star!