About this course
In this course, part of our Professional Certificate Program in Data Science,you will learn valuable 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 some securities sold by financial institutions was underestimated. To begin to understand this very complicated event, we need to understand the basics of probability.
Probability theory is the mathematical foundation of statistical inference which is indispensable for analyzing data affected by chance, and thus essential for data scientists.
About this course
Probability and statistics help to bring logic to a world replete with randomness and uncertainty. This course will give you tools needed to understand data, science, philosophy, engineering, economics, and finance. You will learn not only how to solve challenging technical problems, but also how you can apply those solutions in everyday life.
With examples ranging from medical testing to sports prediction, you will gain a strong foundation for the study of statistical inference, stochastic processes, randomized algorithms, and other subjects where probability is needed.
