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Data Science: Probability 
offered by Harvard University

Data Science: Probability
 at 
Harvard University 
Overview

Learn probability theory — essential for a data scientist — using a case study on the financial crisis of 2007–2008.

Duration

8 weeks

Mode of learning

Online

Difficulty level

Beginner

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Course Level

UG Certificate

Data Science: Probability
 at 
Harvard University 
Highlights

  • Earn a certificate
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Data Science: Probability
 at 
Harvard University 
Course details

What are the course deliverables?
  • Important concepts in probability theory including random variables and independence
  • How to perform a Monte Carlo simulation
  • The meaning of expected values and standard errors and how to compute them in R
  • The importance of the Central Limit Theorem
More about this course
  • In this course, part of our Professional Certificate Program in Data Science, learner will learn valuable concepts in probability theory The motivation for this course is the circumstances surrounding the financial crisis of 2007 and 2008
  • Part of what caused this financial crisis was that the risk of some securities sold by financial institutions was underestimated
  • To begin to understand this very complicated event, learner need to understand the basics of probability
  • We will introduce important concepts such as random variables, independence, Monte Carlo simulations, expected values, standard errors, and the Central Limit Theorem
  • These statistical concepts are fundamental to conducting statistical tests on data and understanding whether the data you are analyzing is likely occurring due to an experimental method or to chance
  • Probability theory is the mathematical foundation of statistical inference which is indispensable for analyzing data affected by chance, and thus essential for data scientists
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Data Science: Probability
 at 
Harvard University 
Curriculum

Data Science, Data Analysis, R, Probability, Statistics

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Data Science: Probability
 at 
Harvard University 
Faculty details

Rafael Irizarry
Designation : Professor of Biostatistics, T.H. Chan School of Public Health

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Data Science: Probability
 at 
Harvard University 
Contact Information

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1350 Massachusetts Ave, Cambridge, Massachusetts 02138, USA
Cambridge ( Massachusetts)

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