Duration
10 Months
Prerequisites
None
Requirements
None
Course Summary
Probability and Statistics focuses on understanding likelihood (probability) and analyzing data (statistics). You'll learn to interpret data, explore normal distributions, and differentiate between correlation and causation. The course covers calculating probabilities, evaluating data collection methods, and applying models to real-life scenarios involving risk and payoff.
Summarize, represent, and interpret data on a single count or measurement variable.
Summarize, represent, and interpret data on two categorical and quantitative variables.
Interpret linear models.
Understand independence and conditional probability and use them to interpret data.
Use the rules of probability to compute probabilities of compound events in a uniform probability model.
Use probability to evaluate outcomes of decisions.
Understand and evaluate random processes underlying statistical experiments.
Make inferences and justify conclusions from sample surveys, experiments, and observational studies.
Calculate expected values and use them to solve problems.