EdX

Probability and Statistics IV: Confidence Intervals and Hypothesis Tests (edX)

Probability and Statistics IV: Confidence Intervals and Hypothesis Tests (edX)

This course covers two important methodologies in statistics – confidence intervals and hypothesis testing. Confidence intervals allow us to make probabilistic statements such as: “We are 95% sure that Candidate Smith’s popularity is 52% +/- 3%.” 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”?

Class Deals by MOOC List - Click here and see EdX's Active Discounts, Deals, and Promo Codes.

This course 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.
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.
This course is part of the Statistics, Confidence Intervals and Hypothesis Tests Professional Certificate.

What you'll learn
Upon completion of this course, learners will be able to:

  • Identify what a confidence interval is and how it is used
  • Formulate and interpret confidence intervals for a variety of probability distributions and their parameters
  • Determine what a hypothesis test is and how it is used
  • Identify the types of errors that can occur with hypothesis testing, and how to design tests to mitigate those errors
  • Formulate and interpret hypothesis tests for a variety of probability distributions and their parameters

Prerequisites
Learners will be expected to come in knowing some set theory and basic calculus, as well as the material from the previous courses in this series ( A Gentle Introduction to Probability , Random Variables , and A Gentle Introduction to Statistics ). The prerequisite material is all available for you to access; and in any event, we will make the current course as self-contained as possible. In addition, this course will involve a bit of computer programming, so it would be nice to have at least a little experience in something like Excel and/or the R freeware statistical package.

Syllabus

Module 1: Confidence Intervals
• Lesson 1: Introduction to Confidence Intervals
• Lesson 2: Normal Mean (variance known)
• Lesson 3: Difference of Two Normal Means (variances known)
• Lesson 4: Normal Mean (variance unknown)
• Lesson 5: Difference of Two Normal Means (unknown equal variances)
Module 1 (cont’d): Confidence Intervals
• Lesson 6: Difference of Two Normal Means (variances unknown)
• Lesson 7: Difference of Paired Normal Means (variances unknown)
• Lesson 8: Normal Variance
• Lesson 9: Ratio of Variances of Two Normals
• Lesson 10: Bernoulli Proportion

Module 2: Hypothesis Testing
• Lesson 1: Introduction to Hypothesis Testing
• Lesson 2: The Errors of Our Ways
• Lesson 3: Normal Mean Test with Known Variance
• Lesson 4: Normal Mean Test with Known Variance: Design
• Lesson 5: Two-Sample Normal Means Test with Known Variances
• Lesson 6: Normal Mean Test with Unknown Variance
• Lesson 7: Two-Sample Normal Means Tests with Unknown Variances
Module 2 (cont’d): Hypothesis Testing
• Lesson 8: Two-Sample Normal Means Test with Paired Observations
• Lesson 9: Normal Variance Test
• Lesson 10: Two-Sample Normal Variances Test
• Lesson 11: Bernoulli Proportion Test
• Lesson 12: Two-Sample Bernoulli Proportions Test
• Lesson 13: Goodness-of-Fit Tests: Introduction
• Lesson 14: Goodness-of-Fit Tests: Examples
• Lesson 15 [OPTIONAL]: Goodness-of-Fit Tests: Honors Example

Go to Class
MOOC List is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

Related Courses

UX Data Analysis (edX) EdX
HECMontrealX,HEC Montréal

UX Data Analysis (edX)

Become a UX data scientist! From qualitative data analysis to big data Web analytics, you will be able to leverage insights from data to make empirically-based recommendations. Do big data and UX speak to you? This MOOC will give you the methods and tools to analyze the whole spectrum of data we handle in UX, from qualitative user research and quantitative user testing data analysis to big data Web analytics.

Self Paced
Self-Paced
Introductory Statistics : Sample Survey and Instruments for Statistical Inference (edX) EdX
Seoul National University,SNUx

Introductory Statistics : Sample Survey and Instruments for Statistical Inference (edX)

The purpose of this course is to introduce basic concepts of sample surveys and to teach statistical inference process using real-life examples. In this course, you will learn about sample surveys with the concepts of samples and populations. In addition, we will discuss possible problems(bias) of the surveys based on practical examples and concept of probability errors in sampling.

Self Paced
Self-Paced
Introductory Statistics : Basic Ideas and Instruments for Statistical Inference (edX) EdX
Seoul National University,SNUx

Introductory Statistics : Basic Ideas and Instruments for Statistical Inference (edX)

This course utilizes real-life applications of Statistics in an exploration of the Statistical Inferenceprocess. Statistical Inference is the process by which data is used to draw a conclusionoruncover ascientific truthabout a population from asample. This course aims to familiarize the student with several ideas and instruments for statistical inference. It covers fundamental concepts and properties of probability.

Self Paced
Self-Paced
Public Sector Debt Statistics (edX) EdX
International Monetary Fund - IMF,IMFx

Public Sector Debt Statistics (edX)

The course examines coverage and accounting rules for public sector debt, valuation, classification, important methodological issues, and the sources and methods used for compiling the statistics. This course, presented by IMF Statistics Department, covers the fundamentals needed to compile and disseminate comprehensive public sector debt statistics (PSDS) that are useful for policy- and decision-makers, as well as other users.

Self Paced
Self-Paced
R Data Science Capstone Project (edX) EdX
IBM

R Data Science Capstone Project (edX)

Apply various data analysis and visualization skills and techniques you have learned by taking on the role of a data scientist working with real-world data sets. In this capstone course, you will apply various data science skills and techniques that you have learned as part of the previous courses in the IBM Data Science with R or IBM Data Analytics with Excel and R Professional Certificate Programs.

Self Paced
Self-Paced
Advanced statistical physics (edX) EdX
École Polytechnique Fédérale de Lausanne,EPFLx

Advanced statistical physics (edX)

We explore statistical physics in both classical and open quantum systems. Additionally, we will cover probabilistic data analysis that is extremely useful in many applications. This course covers non-equilibrium statistical processes and the treatment of fluctuation dissipation relations by Einstein, Boltzmann and Kubo. Moreover, the fundamentals of Markov processes, stochastic differential and Fokker Planck equations, mesoscopic master equation, etc will be treated in detail. Prior knowledge of statistical physics is highly recommended but not required.

Self Paced
Self-Paced
Probability and Statistics II: Random Variables – Great Expectations to Bell Curves (edX) EdX
Georgia Institute of Technology,GTx

Probability and Statistics II: Random Variables – Great Expectations to Bell Curves (edX)

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.

Self Paced
Self-Paced
Introducción a Ciencias de Datos y Estadística Básica para Negocios (edX) EdX
Tecnológico de Monterrey,TecdeMonterreyX

Introducción a Ciencias de Datos y Estadística Básica para Negocios (edX)

En este curso adquirirás los métodos estadísticos para la toma de decisiones en los negocios, así como herramientas tecnológicas para desarrollar habilidades cuantitativas. Áreas como el “big data” requieren un conocimiento muy claro de la estadística; en las áreas de negocios, la tecnología pone a nuestro alcance diversas aplicaciones que requieren una sólida formación en estadística para su correcto uso e interpretación.

Self Paced
Self-Paced
Introduction to Data Science and Basic Statistics for Business (edX) EdX
Tecnológico de Monterrey,TecdeMonterreyX

Introduction to Data Science and Basic Statistics for Business (edX)

In this course you will acquire statistical methods for decision making in business, as well as technological tools to develop quantitative skills. Areas such as " big data" require very clear knowledge of statistics and business, technology provides us various applications that require solid training in statistics for proper use and interpretation .

Self Paced
Self-Paced
Probability and Statistics III: A Gentle Introduction to Statistics (edX) EdX
Georgia Institute of Technology,GTx

Probability and Statistics III: A Gentle Introduction to Statistics (edX)

This course provides an introduction to basic statistical concepts. We begin by walking through a library of probability distributions – including the normal distribution, which in turn leads to the Central Limit Theorem. We then discuss elementary descriptive statistics and estimation methods.

Self Paced
Self-Paced