What You Will Learn!
- A solid understanding of statistics and a good foundation of models, correlation and hypothesis testing.
Description
Statistics is all about processing data and extracting information. The information we seek is the parameters and distribution of the random variable that generated the data. Armed with this information we can answer questions about reality and optimize industrial processes. Statistics thus forms the backbone of science and business and this course is designed to help you understand the components of this fundamental subject and how they all fit together. Designed for Actuaries, but applicable for everyone. This course contains the new sections for the CS1 exam.
Sections:
Exploratory Data Analysis
General Probability Theory
Random Variables
Probability Distributions
Generating Functions
Joint Distributions (Covariance)
Conditional Expectations
Central Limit Theorem
Sampling and Statistical Inference
Point Estimation
Confidence Intervals
Hypothesis Testing
Linear Regression and Correlation
Analysis of Variance
Bayesian Statistics and Credibility Theory
Student Questions
Introduction to R Programming
Who Should Attend!
- University students and people trying to get into the Actuarial Profession.
