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Learn probability with online courses and programs

Make informed decisions under uncertainty and contribute to solving complex problems in various industries with probability skills. Enroll today and learn more with edX.

What is probability?

Probability is a branch of mathematics that deals with quantifying uncertainty and analyzing the likelihood of events or outcomes occurring. It provides a framework to understand and predict uncertain phenomena, allowing us to make informed decisions and assess risks. 

From statistics and data science, to economics and artificial intelligence, probability is a critical component of a variety of fields. It enables us to tackle real-world problems that involve uncertainty, such as weather forecasting, financial modeling, medical diagnostics, and game theory. 

Probability is also fundamental to statistical analysis, which is widely used in research and decision making. Experts in probability have rigorous tools and methods at their disposal, like probability distributions, statistical inference, and stochastic processes.

Probability | Introduction Image Description

Probability course curriculum

A beginner probability course will likely introduce learners to the foundational concepts of probability theory and statistics. Some topics covered could include:

  • Normal distribution and its many statistical applications

  • Random variables and independence

  • Expected values and standard errors

  • Common fallacies in probability

  • Importance of the central limit theorem

Start building the knowledge you need to work in the statistics field with edX. From accelerated boot camps to comprehensive programs that allow you to earn a bachelor’s degree or (for more advanced learners) a master’s degree, there are many different learning formats available to fit your needs. Busy professionals can even take advantage of executive education courses tailored to those in leadership and management positions. Find the right course for you.

Explore jobs related to probability

Learning probability could open up a variety of career opportunities that involve data analysis, risk assessment, and decision making under uncertainty. Some careers where knowledge of probability might prove particularly useful include:

  • Data scientist: Apply probability theory to analyze and interpret large datasets, build predictive models, and derive insights to drive data-driven decision making.

  • Actuary: Assess and manage risk by applying probability concepts to insurance, finance, and investment industries, providing expertise in areas such as pricing, risk analysis, and financial forecasting.

  • Financial analyst: Utilize probability models and statistical analysis to assess financial markets, analyze investment opportunities, and support financial decision making.

  • Epidemiologist: Utilize probability and statistics to study patterns and analyze the spread of diseases, assess risk factors, and contribute to public health policies and interventions.

Each of these roles will have different education and skills requirements. Some employers may seek candidates with a degree in statistics or mathematics depending on the role. Before deciding on a specific learning path, research the positions you hope to pursue and align your coursework with your career goals.

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