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We live in an uncertain and complex world, yet we continually have to make decisions in the present with uncertain future outcomes. Indeed, we should be on the look-out for "black swans" - low-probability high-impact events. To study, or not to study? To invest, or not to invest? To marry, or not to marry? While uncertainty makes decision-making difficult, it does at least make life exciting! If the entire future was known in advance, there would never be an element of surprise. Whether a good future or a bad future, it would be a known future. In this course we consider many useful tools to deal with uncertainty and help us to make informed (and hence better) decisions - essential skills for a lifetime of good decision-making. Key topics include quantifying uncertainty with probability, descriptive statistics, point and interval estimation of means and proportions, the basics of hypothesis testing, and a selection of multivariate applications of key terms and concepts seen throughout the course....

Top-Bewertungen

TS

30. Apr. 2020

I would like to thank Dr. James Abdey for his wonderful explanation of probability and statistics in a short time. I definitely learnt many things which I can make use in my further courses. Thank you

NS

22. Apr. 2021

James Abdey is an excellent lecturer. He explains clearly while using a lot of examples from real life applications. I am considering to read his PhD thesis (even though I don't have insomnia :-))

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