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Introduction to Statistics

In this course, we will look at the properties behind the basic concepts of probability and statistics and focus on applications of statistical knowledge. We will learn how statistics and probability work together. The subject of statistics involves the study of methods for collecting, summarizing, and interpreting data. Statistics formalizes the process of making decisions—and this course is designed to help you cultivate statistic literacy so that you can use this knowledge to make better d...

Topics: Finance, Probability, Statistics, Economics, Psychology, Sociology
Cost: Free

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Description

In this course, we will look at the properties behind the basic concepts of probability and statistics and focus on applications of statistical knowledge. We will learn how statistics and probability work together. The subject of statistics involves the study of methods for collecting, summarizing, and interpreting data. Statistics formalizes the process of making decisions—and this course is designed to help you cultivate statistic literacy so that you can use this knowledge to make better decisions. Note that this course has applications in sciences, economics, computer science, finance, psychology, sociology, criminology, and many other fields.Every day, we read articles and reports in print or online. After finishing this course, you should be comfortable asking yourself whether the articles make sense. You will be able to extract information from the articles and display that information effectively. You will also be able to understand the basics of how to draw statistical conclusions.This course will begin with a brief overview of the discipline of statistics and will then quickly focus on descriptive statistics, introducing graphical methods of describing data. You will learn about combinatorial probability and random distributions, the latter of which serves as the foundation for statistical inference. On the side of inference, we will focus on both estimation and hypothesis testing issues. We will also examine the techniques to study the relationship between two or more variables; this is known asregression.By the end of this course, you should gain a sound understanding about what statistics represent, how to use statistics to organize and display data, and how to draw valid inferences based on data by using appropriate statistical tools.

Details

  • Days of the Week: Monday, Tuesday, Wednesday, Thursday, Friday, Saturday, Sunday
  • Level of Difficulty: All Levels
  • Size: One-on-One
  • Cost: Free
  • Institution: Saylor
  • Topics: Finance, Probability, Statistics, Economics, Psychology, Sociology

Provider Overview

About Saylor: The mission of the Saylor Foundation is to make education freely available to all. Guided by the belief that technology has the potential to circumvent barriers that prevent many individuals from participating in traditional schooling models, the Foundation is committed to developing and advancing inventive and effective ways of harnessing technology in order to drive the cost of education down to zero

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