Statistics for Business Analytics: Probability

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Free Online Course: Statistics for Business Analytics: Probability provided by edX is a comprehensive online course, which lasts for 4 weeks long, 4-8 hours a week. The course is taught in English and is free of charge. Upon completion of the course, you can receive an e-certificate from edX. Statistics for Business Analytics: Probability is taught by Temesgen Kifle.

Overview
  • This course is divided into three topics:

    • In Topic 1, we talk about the basics of probability – ideas like whether or not events can happen together, whether events can influence each other, and processes for calculating probabilities in simple situations.
    • Topic 2 is about conditional probability ; that is, the idea that we can become more certain about particular outcomes when we know the circumstances under which they are occurring.
    • In Topic 3, we discuss the "big 5" probability distributions ; powerful tools that can be used to calculate probabilities in a variety of complex situations. These distributions form the "heart" of the course and have practical applications in a wide range of real-life scenarios.