Probability and Statistics: To p or not to p?

( 39 Reviews )

Created by: Dr James Abdey

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Overall Score : 88 / 100

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.

Time: 21h

Instructor Details

Dr James Abdey

4.4 Rating
39 Reviews

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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By roshan s on 5-Nov-18

Flawed assessment system. Superficial.

By RubÃƒÂ©n S F on 10-Mar-19

Horrible. Too much talking or woffling as i came to call it. Dumbed down too much. We know what a toolbox is. Don't give us an example of how a toolbox is used. This is just an example of the level of stupidity you must assume your students have.Week 1 was a waste of time and weeks 2 and three could have been summed up in a 10 minute video.You skipped over probability and straight into statistics without mentioning any of the useful things of probability like the laws of probability. Communicative, Distributive etc. I've learnt almost nothing from this. Will not recommend at all. Not useful at all.

By Andre J on 9-May-19

Nice overall introduction to statistics, but suffers from bad grading mecanism when perofrming peer graded assignments.

By Dhananjay M on 14-Oct-18

The subjects and examples are OK. However, the technical side of the course is missing!. The idea of most videos could be explained in 1 or 2 minutes rather than 10 minutes. The assignments are quiet simple and no challenging at all. Some times I was so bored which I watched the videos at 2x speed. Finally, the review process of other students has a big bug which I realized that this bug existed from the first day and people are confused about how to review other students, however, the bug is still there. IF you already know a little bit about statistics I do not suggest this course. If you know nothing and want to know what is statistics about (in a very basic and simple manner) then watch this course as a fun!

By Ã¦Â±ÂªÃ¥Â½Â¦Ã©Â¾Â™ 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.

By MANOJ K on 23-May-19

Very interesting course, well explained, I found the material useful. The reason I do not give 5 stars is that I found the course somewhat slow, it took a long time to explain certain concepts, and not broad enough, concentrating on a few very specific areas of probability and statistics.

By Kaixiang Y on 8-Nov-18

The first course I've paid for to get a certificate. For me it's VERY hard to understand any theoretical math-related concept from video-lectures. I need to read paper for it and there are paper for every video in this course. I am very thankful about it but the main purpose of video is missed: VISUALISATION very important in teaching math concepts especially such practival one as statistics. I wish there'd be more videos with lovely visialusation of sample data and it's statisitcs to get students a general feeling of what all this 'boring' calculations looks like.I also understand that one course is not enough to have good knowlegde of statistics and read books while completing this.

By Oshan M on 6-Nov-18