# Fat Chance: Probability from the Ground Up

Increase your quantitative reasoning skills through a deeper understanding of probability and statistics.

- Introductory

Add a Verified Certificate for $149

Increase your quantitative reasoning skills through a deeper understanding of probability and statistics.

Image

Duration

7 weeks long

Time Commitment

3 - 5 hours per week

Pace

Self-paced

Subject

- Introductory

Credit

Audit for Free

Add a Verified Certificate for $149

Add a Verified Certificate for $149

Platform

edX

An increased appreciation for, and reduced fear of, basic probability and statistics

How to solve combinatorial counting problems

How to solve problems using basic and advanced probability

An introductory understanding of the normal distribution and its many statistical applications

An ability to recognize common fallacies in probability, as well as some of the ways in which statistics are abused or simply misunderstood

Created specifically for those who are new to the study of probability, or for those who are seeking an approachable review of core concepts prior to enrolling in a college-level statistics course, Fat Chance prioritizes the development of a mathematical mode of thought over rote memorization of terms and formulae. Through highly visual lessons and guided practice, this course explores the quantitative reasoning behind probability and the cumulative nature of mathematics by tracing probability and statistics back to a foundation in the principles of counting.

In Modules 1 and 2, you will be introduced to basic counting skills that you will build upon throughout the course. In Module 3, you will apply those skills to simple problems in probability. In Modules 4 through 6, you will explore how those ideas and techniques can be adapted to answer a greater range of probability problems. Lastly, in Module 7, you will be introduced to statistics through the notion of expected value, variance, and the normal distribution. You will see how to use these ideas to approximate probabilities in situations where it is difficult to calculate their exact values.

Basic Counting

Counting Numbers, Large Numbers, The Multiplication Principle, More on the Multiplication Principle and Factorials, The Subtraction Principle.

Advanced Counting

Counting Collections, Binomial Coefficients, Applications of Collections, Multinomials, Collections with Repetition

Basic Probability

Flipping Coins, Rolling Dice, Playing Poker, Distributions of Bridge Hands

Expected Value

Expected Value: Chuck-A-Luck, Expected Value: Slot Machines, Strategizing

Conditional Probability

The Monty Hall Problem, Conditional Probability: Set-Up and Examples, Conditional Probability: Elections

Bernoulli Trials

Bernoulli Trials, The Gambler's Ruin

The Normal Distribution

Games, Games: Examples and Variance, Iterating Games, The Normal Distribution - Part 1, The Normal Distribution - Part 2

Online

Learn probability, an essential language and set of tools for understanding data, randomness, and uncertainty.

Price

Free^{*}

Duration

10 weeks long

Registration Deadline

Available now

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

Price

Free^{*}

Duration

8 weeks long

Registration Deadline

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Learn inference and modeling: two of the most widely used statistical tools in data analysis.

Price

Free^{*}

Duration

8 weeks long

Registration Deadline

Available now