Introduction to Bayesian Statistics

Overview This Introduction to Bayesian Statistics course offers an in-depth guide to Bayesian statistics, covering essential ideas and practical applications. …

Introduction to Bayesian Statistics

Introduction to Bayesian Statistics

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Introduction to Bayesian Statistics Overview

This Introduction to Bayesian Statistics course offers an in-depth guide to Bayesian statistics, covering essential ideas and practical applications. You get a foundational knowledge of probability, examine conditional probability, and comprehend the significance of Bayes’ theorem in statistical reasoning. This course, designed for novices, elucidates intricate concepts, rendering Bayesian statistics accessible and relevant across several disciplines.

Course Preview

Learning Outcomes

  • Learn about the fundamental concepts of probability.
  • Distinguish between frequentist and Bayesian methodologies.
  • Define conditional probability and elucidate its significance.
  • Utilize Bayes’ theorem for fundamental statistical issues.
  • Determine practical implementations of Bayesian inference.
  • Examine the influence of pre-existing beliefs in Bayesian methodologies.
  • Employ Bayesian techniques to revise beliefs based on fresh information.
  • Compute posterior probabilities in realistic scenarios.
  • Assess the benefits and drawbacks of Bayesian statistics.
  • Develop assurance in the use of Bayesian principles to data analysis.

Who Is This Course For

This course is suitable for students, professionals, and enthusiasts seeking to comprehend the fundamental ideas of Bayesian statistics. This course will enhance your comprehension of probability and present practical applications of Bayesian analysis across several sectors, regardless of your prior background in statistics.

Eligibility Requirements

This course is open to anyone with an interest in statistics or data analysis. Basic knowledge of algebra and a curiosity for probability concepts will help, though no prior experience with Bayesian statistics is required.

Entry Requirements

  • Age Requirement: Applicants must be aged 16 or above, allowing both young learners and adults to engage in this educational pursuit.
  • Academic Background: There are no specific educational prerequisites, opening the door to individuals from diverse academic histories.
  • Language Proficiency: A good command of the English language is essential for comprehension and engagement with the course materials.
  • Numeracy Skills: Basic numeracy skills are required to effectively understand and work with course-related information. 

Why Choose Us

  • Affordable, engaging & high-quality e-learning study materials;
  • Tutorial videos/materials from the industry-leading experts;
  • Study in a user-friendly, advanced online learning platform;
  • Efficient exam systems for the assessment and instant result;
  • The UK & internationally recognised accredited
  • Access to course content on mobile, tablet or desktop from anywhere, anytime;
  • The benefit of career advancement opportunities;
  • 24/7 student support via email.

Career Path

Completing this course opens pathways to roles in data science, analytics, and research, where Bayesian inference is valued. With foundational skills in Bayesian statistics, learners can pursue careers in sectors like finance, healthcare, marketing, and social sciences, where data-driven decision-making is key.

Course Curriculum

Introduction
Introduction 00:01:00
What is probability?
Bayesian vs Frequentist models of probability 00:09:00
Conditional Probability
Conditional Probability Intro 00:03:00
Conditional Probability on Venn Diagrams 00:07:00
Conditional Probability on Tree Diagrams 00:04:00
Tree Diagram Example Question 00:05:00
Conditional Probability and Normal Distributions 00:04:00
Counter Intuitive Results with the Normal Distribution 00:08:00
Bayes' Theorem
Developing Bayes’ Theorem part 1 00:07:00
Developing Bayes’ Theorem part 2 00:08:00
Thomas Bayes’ Puzzle 00:06:00
A Bayesian Solution to the Puzzle 00:07:00
Simulating a Solution 00:09:00
Course Outro
End of the course 00:01:00
Order Certificate
Order Certificate 00:00:00

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