Course
|
Statistical Analysis

Probability Principles

Probability is a commonly used, but often misunderstood area of statistics. This course introduces essential probability concepts and teaches you to calculate probabilities correctly.
2 HOURS
Intermediate
9 Lessons
CPE/CPD & NASBA ACREDITED
Learning Outcomes
Calculate probabilities of simple events
Analyze possible outcomes with a sample space
Use Bayes' Theorem to calculate conditional probabilities
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Course
|
Statistical Analysis

Probability Principles

Probability is a commonly used, but often misunderstood area of statistics. This course introduces essential probability concepts and teaches you to calculate probabilities correctly.
2 HOURS
Intermediate
9 Lessons
CPE/CPD & NASBA ACREDITED
Learning Outcomes
Calculate probabilities of simple events
Analyze possible outcomes with a sample space
Use Bayes' Theorem to calculate conditional probabilities
Leave your number for the fastest response

Get More Info

Looking to understand how Kubicle can better help your organization meet its learning objectives? Book some time with one of our consultants today.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

What’s Included

9 Lessons
Overview of Probability
9 MINS
LESSON
Overview of Probability
Exercise

In this lesson, we'll learn what a probability is, and learn about important probability concepts like events, complements and expected value. We'll also learn how to calculate basic probabilities.

Using a Sample Space
5 MINS
LESSON
Using a Sample Space
Exercise

A sample space helps you visualize all the possible outcomes of a process. Learn how to create a sample space and use it to calculate probabilities in this lesson.

Calculating Probabilities of Multiple Events
6 MINS
LESSON
Calculating Probabilities of Multiple Events
Exercise

We often want to know if one event and another event will occur, or if one event or another event will occur. Learn how to calculate probabilities like this in this lesson.

Understanding Conditional Probability
6 MINS
LESSON
Understanding Conditional Probability
Exercise

Conditional probabilities are useful when the probability of one event depends on the outcome of another event. Learn how to use conditional probabilities in this lesson.

Applying Bayes' Theorem
7 MINS
LESSON
Applying Bayes' Theorem
Exercise

Bayes' Theorem provides a formula that we can use to relate conditional probabilities. Learn how to use Bayes' Theorem in this lesson.

Using a Probability Tree
7 MINS
LESSON
Using a Probability Tree
Exercise

Probability trees can be used to visualize a probability problem with multiple sequential components. Learn how to create one of these trees and use it to calculate probabilities in this lesson.

Calculating Permutations
6 MINS
LESSON
Calculating Permutations
Exercise

Permutations tell us how many ways we can arrange a set of objects, and are used in many probability problems. Learn how to calculate the number of permutations a problem has in this lesson.

Calculating Combinations
4 MINS
LESSON
Calculating Combinations
Exercise

Combinations are a related concept to permutations, where the order of the selected items is not important. Learn how to calculate combinations in this lesson.

Understanding Sampling
7 MINS
LESSON
Understanding Sampling
Exercise

Sampling is a common application of the concepts of permutations and combinations. Learn how to calculate probabilities associated with sampling in this lesson, as well as the effect that replacement has on these probabilities.

LESSON
Exercise

LESSON
Exercise

LESSON
Exercise

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Certifications
Earn a certificate with every exam you complete. All successful course completions are recognized by CPD, CPE, and NASBA. As your team gains confidence, skill, and speed, your firm becomes more competitive.
Earn cPE / CPD Credits
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Get More Info
Looking to understand how Kubicle can better help your organization meet its learning objectives?  Book some time with one of our consultants today.
Contact Information
Looking to speak to someone directly?
01 700 9000
info@kubicle.com
Dublin, Ireland
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