We live in an uncertain and complex world, yet we continually have to make decisions in the present with uncertain future outcomes. Indeed, we should be on the look-out for "black swans" - low-probability high-impact events. To study, or not to study? To invest, or not to invest? To marry, or not to marry? While uncertainty makes decision-making difficult, it does at least make life exciting! If the entire future was known in advance, there would never be an element of surprise. Whether a good future or a bad future, it would be a known future. In this course we consider many useful tools to deal with uncertainty and help us to make informed (and hence better) decisions - essential skills for a lifetime of good decision-making. Key topics include quantifying uncertainty with probability, descriptive statistics, point and interval estimation of means and proportions, the basics of hypothesis testing, and a selection of multivariate applications of key terms and concepts seen throughout the course.
Probability and Statistics: To p or not to p?
Offered By
Probability and Statistics: To p or not to p?
Syllabus - What you will learn from this course
Dealing with Uncertainty and Complexity in a Chaotic World
Quantifying Uncertainty With Probability
Describing The World The Statistical Way
On Your Marks, Get Set, Infer!
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Top reviews from Probability and Statistics: To p or not to p?
Hi,\n\nThe course taught about the basics and that's exactly what I was looking for. I learnt a lot, and so many things which I hear and read, became clearer and more meaningful. Thanks you!
Best course on the concepts of Probability and statistics , for the beginners. Dr.James Abdey provides lot of examples from the everyday life .
Instructor
Dr James Abdey
Assistant Professorial Lecturer, LSEAbout University of London
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