Mean and Variance of Continuous Random Variable When Compared With Known Mean and Variance
Professional Certificate in
Probability/Random Variables
GTx
I'm interested
What you will learn
- Review Bootcamp lessons based on set theory and calculus.
- Understand underlying probability axioms.
- Apply elementary probability counting rules, including permutations and combinations.
- Become familiar with the concepts of independence and conditional probability.
- Learn how to update probabilities via Bayes Rule.
- Get introduced to discrete and continuous random variables.
- Learn about the properties of random variables, including the expected value, variance, and moment generating function.
- Study functions of random variables, and how they can be used in computer simulation applications.
- Recognize joint(two-dimensional) random variables and how to extract marginal(one-dimensional) and conditional information from them.
- Study the concepts of independence and correlation.
- Work with the R statistical package.
This certificate program consists of two mini-courses: (1) A Gentle Introduction to Probability; and (2) Random Variables – Great Expectations to Bell Curves.
The first course provides an introduction to basic probability concepts. Our emphasis is on applications in science and engineering, with the goal of enhancing modeling and analysis skills for a variety of real-world problems.
In order to make the course completely self-contained (and to bring back long-lost memories), we'll start off with Bootcamp lessons to review concepts from set theory and calculus. We'll then discuss the probability axioms that serve as the basis for all of our subsequent work – what makes probability tick?
The next venues on our tour are the concepts of independence and conditional probability, which allow us to see how the probabilities of different events are related to each other, and how new information can be used to update probabilities. The course culminates in a discussion of Bayes Rule and its various interesting consequences related to probability updates.
The second course discusses properties and applications of random variables.
We'll begin by introducing the concepts of discrete and continuous random variables. For instance, how many customers are likely to arrive in the next hour (discrete)? What's the probability that a lightbulb will last more than a year (continuous)?
We'll learn about various properties of random variables such as the expected value, variance, and moment generating function. This will lead us to a discussion of functions of random variables. Such functions have many uses, including some wonderful applications in computer simulations.
If you enjoy random variables, then you'll really love joint (two-dimensional) random variables. We'll provide methodology to extract marginal (one-dimensional) and conditional information from these big boys. This work will enable us to study the important concepts of independence and correlation.
Along the way, we'll start working with the R statistical package to do some of our calculations and analysis.
By the end of the course, you will have the technology to model and evaluate a variety of real-world systems in which randomness is present.
Expert instruction
2 skill-building courses
Self-paced
Progress at your own speed
2 months
6 - 11 hours per week
For the full program experience
-
GTx's Probability/Random Variables Professional Certificate
-
6–10 hours per week, for 3 weeks
This course provides an introduction to basic probability concepts. Our emphasis is on applications in science and engineering, with the goal of enhancing modeling and analysis skills for a variety of real-world problems.
-
6–12 hours per week, for 4 weeks
This course discusses properties and applications of random variables. For instance, how many customers are likely to arrive in the next hour? What's the probability that a lightbulb will last more than a year?
When you're done with this course, you'll have enough firepower to undertake a wide variety of modeling and analysis problems; and you'll be well-prepared for the upcoming Statistics courses.
-
- This course is ideal for folks in business, industry, and science, who seek to use probability and statistics in wide-ranging application areas – everything from engineering to agriculture to psychology to sports analytics to healthcare.
Meet your instructor
from The Georgia Institute of Technology (GTx)
David Goldsman
Professor of Industrial and Systems Engineering
The Georgia Institute of Technology
Experts from GTx committed to teaching online learning
Enrolling Now
2 courses in 2 months
Pursue the Program
Whether you are looking to accelerate your career, earn a degree, or learn something for personal reasons, edX has the courses for you.
Propelling
Drive your career forward with university-backed credit programs and verified certificates
Convenient
Study and demonstrate knowledge on your schedule
Flexible
Try a course before you pay
Supportive
Learn with university partners and peers from around the world
Source: https://www.edx.org/professional-certificate/gtx-probability-random-variables
0 Response to "Mean and Variance of Continuous Random Variable When Compared With Known Mean and Variance"
Post a Comment