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Instructor: Dr James Abdey
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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.
8 videos6 readings1 assignment
7 videos6 readings1 assignment
7 videos6 readings1 assignment1 peer review
7 videos6 readings1 assignment
7 videos6 readings1 assignment1 peer review
6 videos6 readings1 assignment
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The University of London is a federal University which includes 17 world leading Colleges. With extensive experience in distance learning since 1858, University of London has enriched the lives of thousands of students, delivering high quality degrees across the globe. Today, University of London is a global leader in flexible study, offering degree programmes to over 45,000 students in over 190 countries, delivering world-leading research across the world. To find out more about University of London, visit www.london.ac.uk
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Reviewed on Mar 3, 2021
This is a very mind-blowing course and it helped me in many ways. The subtitles and note-taking are great ideas too, plus they are not strict which is a total opposite in real classes
Reviewed on Feb 26, 2021
Wonderful course, the kind that makes you excited about a subject. Dr Abdey is a great lecturer. Sometimes the contents in quizzes isn't quite formatted right, but otherwise no complaints.
Reviewed on Sep 18, 2021
A very inspiring course to dive into the world of statistics. An excellent lecturer clearly and interestingly explains the principles of the theory of probability and statistics.
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