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.
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Visit programme websiteProgramme 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
Check out the full curriculum
Visit programme websiteKey information
Duration
- Part-time
- 2 months
- 1 hrs/week
Start dates & application deadlines
Language
Delivered
- Self-paced
Disciplines
Statistics Data Science & Big Data View 531 other Short Courses in Data Science & Big Data in United StatesExplore more key information
Visit programme websiteAcademic 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.
Make sure you meet all requirements
Visit programme websiteTuition Fee
-
International
149 USD/fullTuition FeeBased on the tuition of 149 USD for the full programme during 2 months. -
National
149 USD/fullTuition FeeBased on the tuition of 149 USD for the full programme during 2 months.
- Limited access: Free
- Unlimited access + Verified Certificate for $149 USD