Course Description: Unlock the power of data analysis and decision-making with our intensive “Workshop in Probability and Statistics.” Designed for individuals seeking to strengthen their understanding of statistical concepts and techniques, this workshop provides a hands-on approach to probability theory, descriptive statistics, inferential statistics, and more. Whether you’re a student, researcher, or professional looking to enhance your analytical skills, this workshop will equip you with the knowledge and tools needed to analyze data with confidence.
Course Curriculum:
- Introduction to Probability
- Basic concepts of probability theory
- Probability distributions and their properties
- Calculating probabilities of events
- Descriptive Statistics
- Measures of central tendency: mean, median, mode
- Measures of dispersion: variance, standard deviation, range
- Graphical representation of data: histograms, box plots, scatter plots
- Probability Distributions
- Discrete probability distributions: binomial, Poisson
- Continuous probability distributions: normal, exponential
- Applications of probability distributions in real-world scenarios
- Sampling and Sampling Distributions
- Random sampling methods
- Central Limit Theorem and its implications
- Sampling distributions of sample statistics
- Statistical Inference
- Estimation: point estimation, interval estimation
- Hypothesis testing: null and alternative hypotheses, significance level, p-value
- Confidence intervals and their interpretation
- Correlation and Regression Analysis
- Understanding the relationship between two variables
- Pearson correlation coefficient and its properties
- Simple linear regression analysis: fitting a regression line, interpreting regression coefficients
- Experimental Design
- Principles of experimental design
- Randomized controlled trials vs observational studies
- Avoiding common pitfalls in experimental design
- Multivariate Analysis
- Analysis of variance (ANOVA)
- Multivariate regression analysis
- Factor analysis and principal component analysis (PCA)
- Statistical Software Tools
- Introduction to statistical software packages (e.g., R, Python, SPSS)
- Data manipulation, visualization, and analysis using statistical software
- Hands-on exercises and case studies using real-world datasets
- Practical Applications and Case Studies
- Applying statistical techniques to solve real-world problems
- Case studies from various industries: healthcare, finance, marketing, etc.
- Collaborative projects and group discussions
Prerequisites: Basic knowledge of mathematics and algebra is recommended. No prior experience with statistics is required.
Duration: This workshop is intensive and may vary in duration depending on the format (e.g., weekend workshop, week-long bootcamp). Please refer to the course schedule for specific timings.
Certification: Upon successful completion of the workshop, you’ll receive a certificate of participation from First Paisa.
One thought on “Workshop in Probability and Statistics”
- 43 hours on-demand video
- 81 articles
- 19 downloadable resources
- 4 coding exercises
- Full lifetime access
- Access on mobile and TV
- Certificate of Completion
This course is amazing, it is extremely thorough and in depth! I am not finished with the course, but just the excel exercises alone are more than worth the price of the course! A must take course! Thank you!