This course will provide you with a basic, intuitive and practical introduction into Probability Theory. You will be able to learn how to apply Probability Theory in different scenarios and you will earn a "toolbox" of methods to deal with uncertainty in your daily life.
An Intuitive Introduction to Probability
An Intuitive Introduction to Probability
Instructor: Karl Schmedders
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4.8
(1,861 reviews)
Beginner level
No prior experience required
Flexible schedule
3 weeks at 10 hours a week
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Assessments
32 assignments
Taught in English
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There are 5 modules in this course
In this module we will learn about probabilities and perform our first calculations using probability formulas. We want to get comfortable with the idea that probabilities describe the chance of uncertain events occurring.
What's included
7 videos1 reading7 assignments
The arrival of new information may lead us to alter our probabilistic assessments of uncertain events. In this module, we will learn how the concept of "conditional" probabilities allows us to make these changes correctly. Script of the course can be found here: https://www.coursera.org/learn/introductiontoprobability/resources/qxi9W
What's included
6 videos1 reading6 assignments
We will discuss some fascinating every-day applications of probability. In addition to entertaining examples, we will also review very serious applications from finance and law.
What's included
6 videos6 assignments
In this module we move beyond probabilities and learn about important summary measures such as expected values, variances, and standard deviations. We also learn about the most popular discrete probability distribution, the binomial distribution.
What's included
8 videos1 reading8 assignments
We want to get comfortable with the normal distribution. We will discuss what the famous bell curve really represents. And we will learn how easy it is to calculate normal probabilities.
What's included
6 videos1 reading5 assignments
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4.9 (612 ratings)Offered by
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4.8
1,861 reviews
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Showing 3 of 1861
SP
5
Reviewed on Mar 22, 2023
It's a great course, loved the way Prof. Karl Schmedders explains things. However one area of improvement of this course is - the methods adopted in the exercises needed to be covered in the lectures.
UR
5
Reviewed on Nov 2, 2017
This course is an absolute GEM. I am glad I took it before my CFA preparation. I would highly recommend this course . I thoroughly enjoyed all the real time applications given by the professor!!!
LG
5
Reviewed on Jun 15, 2017
All the concepts and examples are taught very intuitive and accessible. One can also find useful Excel hints for calculating probabilities. Many thanks to the authors of the course!
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Frequently asked questions
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