Statistics is everywhere! This program will prepare learners for subsequent advanced courses and eventually careers in consultancy, research, and industry – any professions involving data analysis and optimization of real-world systems. The course is brought to you by faculty from Georgia Tech’s top-ranked School of Industrial and Systems Engineering.
Statistics is everywhere! This program will prepare learners for subsequent advanced courses and eventually careers in consultancy, research, and industry – any professions involving data analysis and optimization of real-world systems. The course is brought to you by faculty from Georgia Tech’s top-ranked School of Industrial and Systems Engineering.
This first half of this program (Course 1) provides an introduction to basic statistical concepts. We begin by walking through a library of probability distributions, where we motivate their uses and go over their fundamental properties. These distributions include such important folks as the Bernoulli, binomial, geometric, Poisson, uniform, exponential, and normal distributions, just to name a few. Particular attention is paid to the normal distribution, because it leads to the Central Limit Theorem (the most-important mathematical result in the universe, actually), which enables us to make probability calculations for arbitrary averages and sums of random variables.
We then discuss elementary descriptive statistics and estimation methods, including unbiased estimation, maximum likelihood estimation, and the method of moments – you gotta love your MoM! Finally, we describe the t, χ2, and F sampling distributions, which will prove to be useful in upcoming statistical applications.
The second half of the program (Course 2) covers two important methodologies in statistics – confidence intervals and hypothesis testing. Confidence intervals are encountered in everyday life, and allow us to make probabilistic statements such as: “Based on the sample of observations we conducted, we are 95% sure that the unknown mean lies between A and B,” and “We are 95% sure that Candidate Smith’s popularity is 52% +/- 3%.” We begin the course by discussing what a confidence interval is and how it is used. We then formulate and interpret confidence intervals for a variety of probability distributions and their parameters.
Hypothesis testing allows us to pose hypotheses and test their validity in a statistically rigorous way. For instance, “Does a new drug result in a higher cure rate than the old drug” or “Is the mean tensile strength of item A greater than that of item B?” The second half the course begins by motivating hypothesis tests and how they are used. We then discuss with the types of errors that can occur with hypothesis testing, and how to design tests to mitigate those errors. Finally, we formulate and interpret hypothesis tests for a variety of probability distributions and their parameters.
What you'll learn
OpenCourser helps millions of learners each year. People visit us to learn workspace skills, ace their exams, and nurture their curiosity.
Our extensive catalog contains over 50,000 courses and twice as many books. Browse by search, by topic, or even by career interests. We'll match you to the right resources quickly.
Find this site helpful? Tell a friend about us.
We're supported by our community of learners. When you purchase or subscribe to courses and programs or purchase books, we may earn a commission from our partners.
Your purchases help us maintain our catalog and keep our servers humming without ads.
Thank you for supporting OpenCourser.