Classbaze

Disclosure: when you buy through links on our site, we may earn an affiliate commission.

Probability for Statistics and Data Science

Probability for improved business decisions: Introduction, Combinatorics, Bayesian Inference, Distributions
4.5
4.5/5
(880 reviews)
11,569 students
Created by

8.4

Classbaze Grade®

7.2

Freshness

8.5

Popularity

9.0

Material

Probability for improved business decisions: Introduction
Platform: Udemy
Video: 3h 40m
Language: English
Next start: On Demand

Best Probability classes:

Classbaze Rating

Classbaze Grade®

8.4 / 10

CourseMarks Score® helps students to find the best classes. We aggregate 18 factors, including freshness, student feedback and content diversity.

Freshness

7.2 / 10
This course was last updated on 1/2020.

Course content can become outdated quite quickly. After analysing 71,530 courses, we found that the highest rated courses are updated every year. If a course has not been updated for more than 2 years, you should carefully evaluate the course before enrolling.

Popularity

8.5 / 10
We analyzed factors such as the rating (4.5/5) and the ratio between the number of reviews and the number of students, which is a great signal of student commitment.

New courses are hard to evaluate because there are no or just a few student ratings, but Student Feedback Score helps you find great courses even with fewer reviews.

Material

9.0 / 10
Video Score: 8.1 / 10
The course includes 3h 40m video content. Courses with more videos usually have a higher average rating. We have found that the sweet spot is 16 hours of video, which is long enough to teach a topic comprehensively, but not overwhelming. Courses over 16 hours of video gets the maximum score.
The average video length is 5 hours 23 minutes of 56 Probability courses on Udemy.
Detail Score: 9.4 / 10

The top online course contains a detailed description of the course, what you will learn and also a detailed description about the instructor.

Extra Content Score: 9.5 / 10

Tests, exercises, articles and other resources help students to better understand and deepen their understanding of the topic.

This course contains:

0 article.
22 resources.
0 exercise.
0 test.

In this page

About the course

Probability is probably the most fundamental skill you need to acquire if you want to be successful in the world of business. What most people don’t realize is that having a probabilistic mindset is much more important than knowing “absolute truths”.
You are already here, so actually you know that.
And it doesn’t matter if it is pure probability, statistics, business intelligence, finance or data science where you want to apply your probability knowledge…
Probability for Statistics and Data Science has your back!
This is the place where you’ll take your career to the next level – that of probability, conditional probability, Bayesian probability, and probability distributions.
You may be wondering: “Hey, but what makes this course better than all the rest?”
Probability for Statistics and Data Science has been carefully crafted to reflect the most in-demand skills that will enable you to understand and compute complicated probabilistic concepts. This course is:
•Easy to understand
•Comprehensive
•Practical
•To the point
•Beautifully animated (with amazing video quality)
Packed with plenty of exercises and resources

That’s all great, but what will you actually learn? Probability. And nothing less.

To be more specific, we focus on the business implementation of probability concepts. This translates into a comprehensive course consisting of:
•An introductory part that will acquaint you with the most basic concepts in the field of probability: event, sample space, complement, expected value, variance, probability distribution function
•We gradually build on your knowledge with the first widely applicable formulas:
•Combinatorics or the realm of permutations, variations, and combinations. That’s the place where you’ll learn the laws that govern “everyday probability”
•Once you’ve got a solid background, you’ll be ready for some deeper probability theory – Bayesian probability.
•Have you seen this expression: P(A|B) = P(B|A)P(A)/P(B) ? That’s the Bayes’ theorem – the most fundamental building block of Bayesian inference. It seems complicated but it will take you less than 1 hour to understand not only how to read it, but also how to use it and prove it
•To get there you’ll learn about unions, intersections, mutually exclusive sets, overlapping sets, conditional probability, the addition rule, and the multiplication rule

Most of these topics can be found online in one form or another. But we are not bothered by that because we are certain of the outstanding quality of teaching that we provide.
What we are really proud of, though, is what comes next in the course. Distributions.
Distributions are something like the “heart” of probability applied in data science. You may have heard of many of them, but this is the only place where you’ll find detailed information about many of the most common distributions.
•Discrete: Uniform distribution, Bernoulli distribution, Binomial distribution (that’s where you’ll see a lot of the combinatorics from the previous parts), Poisson
•Continuous: Normal distribution, Standard normal distribution, Student’s T, Chi-Squared, Exponential, Logistic
Not only do we have a dedicated video for each one of them, how to determine them, where they are applied, but also how to apply their formulas.
Finally, we’ll have a short discussion on 3 of the most common places where you can stumble upon probability:
•Finance
•Statistics
•Data Science

If that’s not enough, keep in mind that we’ve got real-life cases after each of our sections. We know that nobody wants to learn dry theory without seeing it applied to real business situations so that’s in store, too!
We think that this will be enough to convince you curriculum-wise. But we also know that you really care about WHO is teaching you, too. 
Teaching is our passion  
We worked hard for over four months to create the best possible Probability course that would deliver the most value to you. We want you to succeed, which is why the course aims to be as engaging as possible. High-quality animations, superb course materials, quiz questions, handouts and course notes, are just some of the perks you will get. What else?
Exceptional Q&A support. Yes. That’s our favorite part – interacting with you on the various topics you learn about (and you are going to love it, too!)
What makes this course different from the rest of the Probability courses out there?  
•High-quality production – HD video and animations (This isn’t a collection of boring lectures!)
•Knowledgeable instructor (an adept mathematician who has competed at an international level) who will bring you not only his probability knowledge but the complicated interconnections between his areas of expertise – finance and data science
•Comprehensive – we will cover all major probability topics and skills you need to level up your career
•Extensive Case Studies – helping you reinforce everything you’ve learned  
•Exceptional support – we said that, but let’s say it again – if you don’t understand a concept or you simply want to drop us a line, you’ll receive an answer within 1 business day
•Succinct – the biggest investment you’ll make is your own time. And we will not waste it. All our teaching is straight to the point
Still not convinced?
Here’s why you need these skills?  
•Salary/Income – most businesses are starting to realize      the advantages of implementing data-driven decisions. And those are all stepping on probability. A probabilistic mindset is definitely one of the non-automatable skills that managers of the next decade will be  expected to have
•Promotions and secure future – If you understand probability well, you will be able to back up your business and positions in much more convincing way, draining from quantitative evidence; needless to say, that’s the path to career growth       
•New horizons – probability is a pathway to many positions in any industry. While it is rarely a full-time position, it is crucial for most business jobs nowadays. And it’s not a boring aspect!
Please bear in mind that the course comes with Udemy’s 30-day money-back guarantee. And why not give such a guarantee? We are certain this course will provide a ton of value for you.  
Let’s start learning together now!
 

What can you learn from this course?

✓ Understand probability theory
✓ Discover Combinatorics
✓ Learn how to use and interpret Bayesian Notation
✓ Different types of distributions variables can follow

What you need to start the course?

• Absolutely no experience is required. We will start from the basics and gradually build up your knowledge.
• A willingness to learn and practice

Who is this course is made for?

• People who want a career in Data Science
• People interested in a Business Intelligence career
• Business analysts
• Business executives
• Individuals who are passionate about numbers and quant analysis
• Anyone who wants to learn the subtleties of Probability and how it is used in the business world
• People who want to start learning probability
• People who want to learn the fundamentals of probability
• People who wish to extract insights from summarized statistics to understand academic papers

Are there coupons or discounts for Probability for Statistics and Data Science ? What is the current price?

The course costs $14.99. And currently there is a 82% discount on the original price of the course, which was $84.99. So you save $70 if you enroll the course now.
The average price is $15.6 of 56 Probability courses. So this course is 4% cheaper than the average Probability course on Udemy.

Will I be refunded if I'm not satisfied with the Probability for Statistics and Data Science course?

YES, Probability for Statistics and Data Science has a 30-day money back guarantee. The 30-day refund policy is designed to allow students to study without risk.

Are there any financial aid for this course?

Currently we could not find a scholarship for the Probability for Statistics and Data Science course, but there is a $70 discount from the original price ($84.99). So the current price is just $14.99.

Who will teach this course? Can I trust 365 Careers?

365 Careers has created 80 courses that got 554,516 reviews which are generally positive. 365 Careers has taught 1,905,708 students and received a 4.6 average review out of 554,516 reviews. Depending on the information available, we think that 365 Careers is an instructor that you can trust.
Creating opportunities for Business & Finance students
Browse all courses by on Classbaze.

8.4

Classbaze Grade®

7.2

Freshness

8.5

Popularity

9.0

Material

Platform: Udemy
Video: 3h 40m
Language: English
Next start: On Demand

Classbaze recommendations for you