Exercise 1

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Skills You'll Learn

Bayes' Theorem, Normal Distribution, Probability, Conditional Probability

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Superb course. I am very impressed with the way the faculty explained real world examples through the probability concepts. I wish we can have more courses from him on statistics and machine learning.

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This course has made me fall in love with probability. Highly recommended for anyone who dislikes probability. You will end up loving probability later. Great instructor and quality lecture material.

From the lesson

Discrete Random Variables

In this module we move beyond probabilities and learn about important summary measures such as expected values, variances, and standard deviations. We also learn about the most popular discrete probability distribution, the binomial distribution.

Taught By

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    Karl Schmedders

    Professor of Quantitative Business Administration

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