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

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
MathTrackX: Probability (edX) EdX
University of Adelaide,AdelaideX

MathTrackX: Probability (edX)

Understand probability and how it manifests in the world around us. This course introduces probability and how it manifests in the world around us. Beginning with discrete random variables, together with their uses in modelling random processes involving chance and variation, you will start to uncover the framework for statistical inference.

Self Paced
Self-Paced
Predictive Analytics (edX) EdX
Indian Institute of Management, Bangalore,IIMBx

Predictive Analytics (edX)

Master the tools of predictive analytics in this statistics based analytics course. Decision makers often struggle with questions such as: What should be the right price for a product? Which customer is likely to default in his/her loan repayment? Which products should be recommended to an existing customer? Finding right answers to these questions can be challenging yet rewarding.

Self Paced
5-12 Weeks
Data Science: Capstone (edX) EdX
HarvardX,Harvard University

Data Science: Capstone (edX)

Show what you’ve learned from the Professional Certificate Program in Data Science. To become an expert data scientist you need practice and experience. By completing this capstone project you will get an opportunity to apply the knowledge and skills in R data analysis that you have gained throughout the series. This final project will test your skills in data visualization, probability, inference and modeling, data wrangling, data organization, regression, and machine learning.

Self Paced
Self-Paced
Basics of Statistical Inference and Modelling Using R (edX) EdX
University of Canterbury,UCx

Basics of Statistical Inference and Modelling Using R (edX)

Learn why a statistical method works, how to implement it using R and when to apply it and where to look if the particular statistical method is not applicable in the specific situation. Basics of Statistical Inference and Modelling Using R is part one of the Statistical Analysis in R professional certificate.

Self Paced
Self-Paced
BioStatistics (edX) EdX
DoaneX,Doane University

BioStatistics (edX)

This college-level, credit-eligible Biostatistics course will teach you the skills required for success in future analytical studies in biology. In this undergraduate-level biostatistics course, the learners will be introduced to the use of statistics and study designs in biology. Upon successful completion of this course, learners will be able to design experimental, quasi-experimental and observational studies that will meet regulatory guidelines; collect, analyze, and interpret data using appropriate statistical tools.

Self Paced
Self-Paced