COURSE

## Probability Concepts

In this course, you will learn about probability theory and its applications in measuring risk in investments.

- Common terminology of probability concepts
- Calculating probability of an event
- Unconditional and conditional probabilities
- Multiplication, addition and total probability rules
- Joint probabilities
- Conditional expectations in investment applications
- Covariance and Correlation
- Expected value, variance and standard deviation of an asset and a portfolio
- Bayes’ formula
- Solving counting problems using factorials, combinations and permutations

#### Course Resources

Study Notes for Probability Concepts

Member-only