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Probability and Statistics

Module information>

Application Deadlines


Programme Duration

Approx. 22 hours to complete

Academic Direction
University of London
Modes of Study

Probability and Statistics: To p or not to p?

About this course

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.

Student using a mobile
Dealing with Uncertainty and Complexity in a Chaotic World.