Data Science - Probability, Certificate | Part time online | edX - online learning platform | United States
2 months
Duration
149 USD/full
149 USD/full
Unknown
Tuition fee
Anytime
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Apply date
Anytime
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Start date

About

EdX is an online learning platform trusted by over 12 million users offering the Data Science - Probability Certificate in collaboration with Harvard University - HarvardX. Learn probability theory — essential for a data scientist — using a case study on the financial crisis of 2007–2008.

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Overview

Probability theory is the mathematical foundation of statistical inference which is indispensable for analyzing data affected by chance, and thus essential for data scientists. 

Key facts

In this Data Science - Probability Certificate, which is part of Data Science Professional Certificate from EdX in partnership with Harvard University - HarvardX, you will learn important concepts in probability theory. 

The motivation for this course is the circumstances surrounding the financial crisis of 2007-2008. Part of what caused this financial crisis was that the risk of certain securities sold by financial institutions was underestimated. To begin to understand this very complicated event, we need to understand the basics of probability.

We will introduce important concepts such as random variables, independence, Monte Carlo simulations, expected values, standard errors, and the Central Limit Theorem. These statistical concepts are fundamental to conducting statistical tests on data and understanding whether the data you are analyzing is likely occurring due to an experimental method or to chance.

Programme Structure

What you'll learn

  • Important concepts in probability theory including random variables and independence

  • How to perform a Monte Carlo simulation

  • The meaning of expected values and standard errors and how to compute them in R

  • The importance of the Central Limit Theorem

Key information

Duration

  • Part-time
    • 2 months
    • 1 hrs/week

Start dates & application deadlines

You can apply for and start this programme anytime.

Language

English

Delivered

Online
  • Self-paced

Academic requirements

We are not aware of any specific GRE, GMAT or GPA grading score requirements for this programme.

English requirements

We are not aware of any English requirements for this programme.

Tuition Fee

To always see correct tuition fees
  • International

    149 USD/full
    Tuition Fee
    Based on the tuition of 149 USD for the full programme during 2 months.
  • National

    149 USD/full
    Tuition Fee
    Based on the tuition of 149 USD for the full programme during 2 months.
  • Limited access: Free
  • Unlimited access + Verified Certificate for $149 USD

Funding

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