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    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

    Lessons

    01

    Probability - Basic Terminology

    Start
    02

    Two Defining Properties of Probability

    Start
    03

    Empirical, Subjective and Priori Probability

    Start
    04

    State the Probability of an Event as Odds

    Start
    05

    Unconditional and Conditional Probabilities

    Start
    06

    Multiplication, Addition and Total Probability Rules

    Start
    07

    Joint Probability of Two Events

    Start
    08

    Probability of Atleast One of the Events Occuring

    Start
    09

    Dependent Vs. Independent Events in Probability

    Start
    10

    Joint Probability of a Number of Independent Events

    Start
    11

    Unconditional Probability Using Total Probability Rule

    Start
    12

    Expected Value of Investments

    Start
    13

    Calculating Variance and Standard Deviation of Stock Returns

    Start
    14

    Conditional Expected Values

    Start
    15

    Calculating Covariance and Correlation

    Start
    16

    Expected Value of a Portfolio

    Start
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    17

    Variance and Standard Deviation of a Portfolio

    Start
    18

    Bayes’ Theorem

    Start
    19

    Multiplication Rule of Counting

    Start
    20

    Permutation and Combination Formula

    Start

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    What's Included

    Online Lessons

    Chat with Lessons

    Quizzes

    Course Project

    Downloadable Ebook

    Resources

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    Quizzes

    1