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Probability Theory
Rating: 4.8 out of 5(37 ratings)
2,696 students

Probability Theory

By MJ the Fellow Actuary
Created byMichael Jordan
Last updated 5/2020
English

What you'll learn

  • Set theory, Venn diagrams, Conditional Probability

Course content

2 sections • 11 lectures • 1h 46m total length

  • Introduction to Probability Theory2:29
  • Set Theory10:53

    Master basics of set theory for probability, defining elements and sets, exploring subset and null set notation, and applying complement, intersection, and union operations.

  • Venn Diagrams10:11

    Visualize probability relationships using Venn diagrams with a sample space rectangle and subset circles, illustrating complement, intersection, and union through problem solving.

  • Probability10:35
  • Conditional Probability33:40
  • Visual Recap of Conditional Probability1:50

    Explore a visual recap of conditional probability using a 16-square grid to compute blue and pink outcomes and their conditional relationships, laying groundwork for Bayesian statistics.

  • Bayesian Probability5:00

Requirements

  • High school maths

Description

Welcome to this short course on Probability Theory.

We will cover the following topics:

  • Set Theory

  • Venn Diagrams

  • Probability Theory

  • Conditional Probability

  • Bayesian Probability

We will then look at a few questions that are based on the actuarial exams.

This course at a First Year University Level and assumes you have had an introduction to Probability at school. The course is quite mathematical and you might want to brush up on your maths abilities before attempting it.

Who this course is for:

  • Students interested in statistics

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