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Overall Score : 88 / 100

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Course Description

We live in an uncertain and complex world, yet we continually have to make decisions in the present with uncertain future outcomes. Indeed, we should be on the look-out for "black swans" - low-probability high-impact events.To study, or not to study? To invest, or not to invest? To marry, or not to marry?While uncertainty makes decision-making difficult, it does at least make life exciting! If the entire future was known in advance, there would never be an element of surprise. Whether a good future or a bad future, it would be a known future.In this course we consider many useful tools to deal with uncertainty and help us to make informed (and hence better) decisions - essential skills for a lifetime of good decision-making.Key topics include quantifying uncertainty with probability, descriptive statistics, point and interval estimation of means and proportions, the basics of hypothesis testing, and a selection of multivariate applications of key terms and concepts seen throughout the course.

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Instructor Details

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James is an Assistant Professorial Lecturer in Statistics at the London School of Economics and Political Science (LSE), having gained his PhD in Statistics in 2010 from LSE, asking "To p, or not to p?"! He teaches the Department's large service-level undergraduate courses in mathematical statistics and quantitative methods, as well as elective courses in market research. His research interests include market research techniques and forensic statistics - the interplay of statistics and the law. James has been closely involved with LSE's Summer School and the University of London International Programmes for a number of years. Outside of academia, he has also worked on various quantitative-based consultancy projects in areas including the art market, the World Gold Council and has given seminars at the UK parliament.

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Reviews

4.4

39 reviews in total

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By Keng-Hui W on 15-Nov-19

great course

By Arsalan on 10-Nov-19

This introduction course is well presented and to the point, with ample examples of applications in the real world. I recommend this as an introduction to the topic. I am looking forward to follow- up with more advanced courses on Monte-Carlo simulation.

By Lyu Y on 2-Oct-19

very nice course..

By Nadya O on 27-Sep-19

Great course to revise basic statistics concept or if you are new to the area of statistics

By Ferenc F P on 7-Sep-19

wonderful course and the tutor!!

By Kapil K on 7-Sep-19

This course was very knowledgeable and given a review of my previous study.

By Robert R on 26-Aug-19

One of the good starting points to learn the basics of probability and statistics. With less of mathematics and more on theory and interesting examples, this course is just right to start your journey on statistics. It covers some of the detail concepts with ease. Highly recommended

By yuanfan p on 2-Aug-19

This course gives brief idea about different probabilistic methods used and their purpose in the real world. It's a very basic course where anyone can take and have a detailed knowledge on probability & Statistics.

By Sanjay A on 27-Jul-19

Dr James Abdey is a fantastic teacher. He delivered the knowledge with plain languages and vivid examples. Very helpful!

By Tsz W K on 19-Jul-19

It was a great experience learning from Sir Abdey!

By 汪彦龙 on 12-Jun-19

I really liked the course, I would just say that this is for complete and absolute beginners who haven't had any interactions with statistics and that it wont leave you with a lot of practical knowledge, more of a broad idea of what statistics could do for you.

By Lennart B on 9-Jun-19

God course for beginners level.

Showing 12 of 39 reviews