This course is divided into three topics:
- In Topic 1, we talk about the basics of probability – ideas like whether or not events can happen together, whether events can influence each other, and processes for calculating probabilities in simple situations.
- Topic 2 is about conditional probability ; that is, the idea that we can become more certain about particular outcomes when we know the circumstances under which they are occurring.
- In Topic 3, we discuss the “big 5” probability distributions ; powerful tools that can be used to calculate probabilities in a variety of complex situations. These distributions form the “heart” of the course and have practical applications in a wide range of real-life scenarios.
Upon successful completion of this course, you will be able to:
- Describe the basic concepts of probability.
- Calculate basic probabilities for mutually exclusive, non-mutually exclusive and multiple independent events.
- Calculate conditional probabilities in simple and complex situations.
- Determine the probability of a given number of successes for discrete variables using binomial, Poisson and hypergeometric distributions.
- Determine the probability of outcomes above or below a threshold for continuous variables using normal and exponential distributions.
- Lectures 0
- Quizzes 0
- Duration 4 weeks
- Skill level All levels
- Language English
- Students 0
- Assessments Yes