You’ll synthesize your skills to tackle complex, real-world applications of probability. From modeling multi-step chance events and detecting bias in games to making informed financial decisions using risk assessment, this course bridges theory and practice. You will also explore geometric probability by seeing how random simulations can be used to estimate mathematical constants like Pi.
Overview
Syllabus
- Unit 1: Everyday Chance Scenarios
- Choosing Probability Tools
- Complete The Probability Statements
- Reading Travel Delay Probability
- Analyze The Store Promotion
- Unit 2: Evaluating Game Fairness
- Checking Game Fairness
- Complete Fair Game Statements
- Complete The Probability Statements
- Testing Fairness with Coins
- Unit 3: Probability Informed Decisions
- Compare Delay Risk
- Complete The Warranty Cost Statements
- Finding Expected Plan Cost
- Find Expected Travel Cost
- Unit 4: Estimating Pi with Darts
- Estimating Pi From Dart Results
- Estimating Pi With Darts