# Data Science - Probability, Certificate

• Anytime
• 56 days
Duration
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.

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

#### Education

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.

## Detailed Programme Facts

• Deadline and start date A student can apply at any time for this programme, there is no deadline.
• Programme intensity Part-time
• Average part-time duration 56 days
• Intensity 1 hrs/week
• Part-time variant
Flexible
• Duration description
1–2 hours per week, for 8 weeks
• Languages
• English
• Delivery mode
Online
• More information Go to the programme website

## 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

## English Language Requirements

This programme may require students to demonstrate proficiency in English.

## Tuition Fee

• ### International Applies to you

49 USD/full
Tuition Fee
Based on the original amount of 49 USD for the full programme and a duration of 56 days.
• ### National Applies to you

49 USD/full
Tuition Fee
Based on the original amount of 49 USD for the full programme and a duration of 56 days.
We've labeled the tuition fee that applies to you because we think you are from and prefer over other currencies.
5% discount coupon: Z7LZNQ4TN3B2JTWU valid for any free course + certificate upgrade

## Funding

Check the programme website for information about funding options.

Studyportals Tip: Students can search online for independent or external scholarships that can help fund their studies. Check the scholarships to see whether you are eligible to apply. Many scholarships are either merit-based or needs-based.

### The Global Study Awards: get funded with up to £10,000 to study abroad

Together with the ISIC Association and British Council IELTS, Studyportals offers you the chance to receive up to £10000 to expand your horizon and study abroad. We want to ultimately encourage you to study abroad in order to experience and explore new countries, cultures and languages.

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