Back to Probability and Statistics: To p or not to p?
University of London

Probability and Statistics: To p or not to p?

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.

Status: Data-Driven Decision-Making
Status: Probability Distribution
BeginnerCourse16 hours

Featured reviews

RC

5.0Reviewed Sep 19, 2024

Amazingly well explained concepts connected with a nice mix of real-life applications in the lectures! Enjoyed the occasional humour that made the course easy to digest! Thanks much for the course!

RS

4.0Reviewed Nov 8, 2022

This course is a great introduction into statistics! Nicely explained in a very clear and even fun way. Also great mix of videos and articles to read. Definitely recommended!

YA

5.0Reviewed Oct 7, 2023

Challenging but after some consolidation I found it highly interesting. Will definitely continue my studies into probability and statistics due to the excellent teaching by Dr. Abdey!

LP

5.0Reviewed Sep 21, 2020

Recommend way more than statistics for international business - that one is terrible. Everything is explained in a slow, fun way. Absolutely loved it. Better than the teachers at my University!

AP

5.0Reviewed Sep 18, 2021

A very inspiring course to dive into the world of statistics. An excellent lecturer clearly and interestingly explains the principles of the theory of probability and statistics.

HH

5.0Reviewed Feb 9, 2020

Brilliantly organised materials striking a nice balance between theory and application! All the best Dr. Abdey! Looking forward to seeing a novel distribution under your surname!

IK

5.0Reviewed May 3, 2020

The basics of statistics are very well explained, with easy to follow and clear examples! Some concepts finally clicked (although explained before in a university statistics course).

CP

5.0Reviewed Feb 26, 2021

Wonderful course, the kind that makes you excited about a subject. Dr Abdey is a great lecturer. Sometimes the contents in quizzes isn't quite formatted right, but otherwise no complaints.

CM

5.0Reviewed Dec 31, 2021

A​n excellent and thorough introduction to probability and statistics. Dr Abdey's grasp of the topic and his presentation style make the course interesting to follow.

MP

4.0Reviewed Jun 11, 2020

Very good course to understand the basics. It is better if a few more examples are added for solving by participants to have a clearer understanding of the concept.

MV

5.0Reviewed Jan 4, 2020

As a beginner, this course is quite difficult for me. Anyway, it is very well-done and Dr James Abdey is a great teacher, thus I found it enjoyable. I recommend it.

CS

5.0Reviewed Dec 14, 2019

It has been an enlightening course and has taught me that in order to make appropriate decisions in life, which is full of uncertainties, probability comes in handy.

All reviews

Showing: 20 of 490

Mehran Yazdizadeh
3.0
Reviewed Oct 14, 2018
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1.0
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cornelispaulus@hotmail.com
1.0
Reviewed Nov 5, 2018
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