About this Course
4.5
16 ratings
6 reviews
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....
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Calendar

Flexible deadlines

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Beginner Level

Beginner Level

Clock

Approx. 19 hours to complete

Suggested: The course is comprised of 6 weeks of study, with 5-10 hours/week depending on mental stamina!...
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English

Subtitles: English...
Globe

100% online courses

Start instantly and learn at your own schedule.
Calendar

Flexible deadlines

Reset deadlines in accordance to your schedule.
Beginner Level

Beginner Level

Clock

Approx. 19 hours to complete

Suggested: The course is comprised of 6 weeks of study, with 5-10 hours/week depending on mental stamina!...
Comment Dots

English

Subtitles: English...

Syllabus - What you will learn from this course

Week
1
Clock
2 hours to complete

Dealing with Uncertainty and Complexity in a Chaotic World

...
Reading
8 videos (Total 68 min), 6 readings, 1 quiz
Video8 videos
1.1 The Monty Hall Problem9m
1.2 Decision Making Under Uncertainty10m
1.3 Uncertainty in the News9m
1.4 Simplicity vs. Complexity - The Need for Models10m
1.5 Safe to Assume? Beware, When Model Assumptions Go Wrong!9m
1.6 Roadmap of the Course9m
Week One Summary and Key Takeaways4m
Reading6 readings
1.1 The Monty Hall Problem10m
1.2 Decision Making Under Uncertainty10m
1.3 Uncertainty in the News10m
1.4 Simplicity vs. Complexity - The Need for Models10m
1.5 Safe to Assume? Beware, When Model Assumptions Go Wrong!10m
1.6 Roadmap of the Course10m
Quiz1 practice exercise
Week One Quiz20m
Week
2
Clock
3 hours to complete

Quantifying Uncertainty With Probability

...
Reading
7 videos (Total 74 min), 6 readings, 1 quiz
Video7 videos
2.2 Simple Probability Distributions11m
2.3 Expectation of Random Variables13m
2.4 Bayesian Updating11m
2.5 Parameters9m
2.6 The Distribution Zoo11m
Week Two Summary and Key Takeaways4m
Reading6 readings
2.1 Probability Principles10m
2.2 Simple Probability Distributions10m
2.3 Expectation of Random Variables10m
2.4 Bayesian Updating10m
2.5 Parameters10m
2.6 The Distribution Zoo10m
Quiz1 practice exercise
Week Two Quiz20m
Week
3
Clock
4 hours to complete

Describing The World The Statistical Way

...
Reading
7 videos (Total 78 min), 6 readings, 2 quizzes
Video7 videos
3.2 Data Visualisation11m
3.3 Descriptive Statistics - Measures of Central Tendency13m
3.4 Descriptive Statistics - Measures of Spread10m
3.5 The Normal Distribution11m
3.6 Variance of Random Variables13m
Week Three Summary and Key Takeaways5m
Reading6 readings
3.1 Classify Your Variables!10m
3.2 Data Visualisation10m
3.3 Descriptive Statistics - Measures of Central Tendency10m
3.4 Descriptive Statistics - Measures of Spread10m
3.5 The Normal Distribution10m
3.6 Variance of Random Variables10m
Quiz1 practice exercise
Week Three Quizm
Week
4
Clock
2 hours to complete

On Your Marks, Get Set, Infer!

...
Reading
7 videos (Total 78 min), 6 readings, 1 quiz
Video7 videos
4.2 Random Sampling11m
4.3 Further Random Sampling12m
4.4 Sampling Distributions11m
4.5 Sampling Distribution of the Sample Mean11m
4.6 Confidence Intervals13m
Week Four Summary and Key Takeaways5m
Reading6 readings
4.1 Introduction to Sampling10m
4.2 Random Sampling10m
4.3 Further Random Sampling10m
4.4 Sampling Distributions10m
4.5 Sampling Distribution of the Sample Mean10m
4.6 Confidence Intervals10m
Quiz1 practice exercise
Week Four Quizm
4.5

Top Reviews

By FTSep 16th 2018

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, LSE
University of London

About University of London

The University of London is a federal University which includes 18 world leading Colleges. Our distance learning programmes were founded in 1858 and have enriched the lives of thousands of students, delivering high quality University of London degrees wherever our students are across the globe. Our alumni include 7 Nobel Prize winners. Today, we are a global leader in distance and flexible study, offering degree programmes to over 50,000 students in over 180 countries. To find out more about studying for one of our degrees where you are, visit www.london.ac.uk...

Frequently Asked Questions

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