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
- Biostatisticians
- Risk Managers
- User Experience Researchers
- Data Scientists
- Traders
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!
33%
25%
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
Frequently Asked Questions
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Once you enroll for a Certificate, you’ll have access to all videos, quizzes, and programming assignments (if applicable). Peer review assignments can only be submitted and reviewed once your session has begun. If you choose to explore the course without purchasing, you may not be able to access certain assignments.
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