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

Instructor: Karl Schmedders
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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://diaperbag.top/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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Reviewed on May 17, 2019
Excellent way of teaching. Clear Explanation of the topics with to the point discussion. Diverse applications of probability covered in one course. Definitely helpful in my office / research work.
Reviewed on Mar 23, 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.
Reviewed on Feb 23, 2022
Excelent course if you hate probability and want to start having fun with it. Its very beginner friendly spend soem time before you go to 4th and 5th modules. I am very grateful to Karl and Jose.
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