• Anytime
    Application Deadline
  • 28 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. Gain important foundational knowledge in probability theory, essential for a data scientist, as you learn key concepts using a case study on the financial crisis.

About

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

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 are likely occuring due to an experimental method or to chance.

Detailed Programme Facts

  • Programme intensity Part-time
    • Average part-time duration 28 days
    • Part-time variant
      Flexible
    • Duration description

      Length: 4 weeks Effort: 2 to 4 hours per week

  • 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 requires 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 28 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 28 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.

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