Course Information
Registration period
Year-round Recruitment
Course Level
Study Mode
Duration
13 Hour(s) 45 Minute(s)
Language
English
Taught by
Michael Jordan
Rating
Course Overview
By MJ the Fellow Actuary
Statistics is all about processing data and extracting information. The information we seek is the parameters and distribution of the random variable that generated the data. Armed with this information we can answer questions about reality and optimize industrial processes. Statistics thus forms the backbone of science and business and this course is designed to help you understand the components of this fundamental subject and how they all fit together. Designed for Actuaries, but applicable for everyone. This course contains the new sections for the CS1 exam.
Sections:
Exploratory Data Analysis
General Probability Theory
Random Variables
Probability Distributions
Generating Functions
Joint Distributions (Covariance)
Conditional Expectations
Central Limit Theorem
Sampling and Statistical Inference
Point Estimation
Confidence Intervals
Hypothesis Testing
Linear Regression and Correlation
Analysis of Variance
Bayesian Statistics and Credibility Theory
Student Questions
Introduction to R Programming
Course Content
- 17 section(s)
- 102 lecture(s)
- Section 1 Exploratory Data Analysis
- Section 2 General Probability Theory
- Section 3 Random Variables
- Section 4 Probability Distributions
- Section 5 Generating Functions
- Section 6 Joint Distributions
- Section 7 Conditional Expectations
- Section 8 Central Limit Theorem
- Section 9 Sampling and Statistical Inference
- Section 10 Point Estimation
- Section 11 Confidence Intervals
- Section 12 Hypothesis Testing
- Section 13 Linear Regression and Correlation
- Section 14 Analysis of Variance
- Section 15 Bayesian Statistics
- Section 16 Student Questions
- Section 17 R basics for Actuaries
What You’ll Learn
- A solid understanding of statistics and a good foundation of models, correlation and hypothesis testing.
Skills covered in this course
Reviews
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DDaniel J Strykiewicz
This was a very informative class and set up very well.
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JJennifer Nmarkwe
It's been an eye opening experience to the world of Statistics and Mathematics
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MMoleseng Daisy Kunaka
Great match for me. I have some background in stats and maths and needed to recap before diving into past papers.
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IIsa
MJ is great at explaining very complicated concepts in a way that is easy to understand and relatable! I've used this course as preparation for the CS1 exam - it's been very helpful.
