Fundamentals of Statistics

Provided by Massachusetts Institute of Technology (MITx)
$300 USD
for a certificate
(or study for free)

Develop a deep understanding of the principles that underpin statistical inference: estimation, hypothesis testing and prediction.  — Course 3 of 4 in the MITx MicroMasters program in Statistics and Data Science.

Course Format:Instructor-Led
Start Date:Feb 12, 2019

What you will learn

  • Construct estimators using method of moments and maximum likelihood, and decide how to choose between them
  • Quantify uncertainty using confidence intervals and hypothesis testing
  • Choose between different models using goodness of fit test
  • Make prediction using linear, nonlinear and generalized linear models
  • Perform dimension reduction using principal component analysis (PCA)


Statistics is the science of turning data into insights and ultimately decisions. Behind recent advances in machine learning, data science and artificial intelligence are fundamental statistical principles. The purpose of this class is to develop and understand these core ideas on firm mathematical grounds starting from the construction of estimators and tests, as well as an analysis of their asymptotic performance.

After developing basic tools to handle parametric models, we will explore how to answer more advanced questions, such as the following:
  • How suitable is a given model for a particular dataset?
  • How to select variables in linear regression?
  • How to model nonlinear phenomena?
  • How to visualize high-dimensional data?
Taking this class will allow you to expand your statistical knowledge to not only include a list of methods, but also the mathematical principles that link them together, equipping you with the tools you need to develop new ones.

This course is part of the MITx MicroMasters Program in Statistics and Data Science. Master the skills needed to be an informed and effective practitioner of data science. You will complete this course and three others from MITx, at a similar pace and level of rigor as an on-campus course at MIT, and then take a virtually-proctored exam to earn your MicroMasters, an academic credential that will demonstrate your proficiency in data science or accelerate your path towards an MIT PhD or a Master's at other universities. To learn more about this program, please visit

Before you start

  • 6.431x or equivalent probability theory course
  • College-level single and multi-variable calculus
  • Vectors and matrices
  • Instructor-Led: course contains assignments and exams that have specific due dates, and you complete the course within a defined time period.
  • Course ends: Dec 12, 2018


Who can take this course?

Unfortunately, learners from one or more of the following countries or regions will not be able to register for this course: Iran, Cuba and the Crimea region of Ukraine.  While edX has sought licenses from the U.S. Office of Foreign Assets Control (OFAC) to offer our courses to learners in these countries and regions, the licenses we have received are not broad enough to allow us to offer this course in all locations.  EdX truly regrets that U.S. sanctions prevent us from offering all of our courses to everyone, no matter where they live.


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