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Course profile

Advanced Statistics

A first look at the statistical ideas that appear after introductory inference and regression.

  • Statistics
  • Bayesian Methods
  • Causal Inference
  • Intermediate

Course facts

Offered byGordon Institute Open School
Academic leadGordon AI Tutor
LevelIntermediate
FormatOnline · Self-paced
Expected study12–18 hours
LanguageEnglish
PrerequisitesIntroductory probability, statistics and regression
AssessmentExercises and final assessment
RecognitionCertificate of completion
Last reviewedSeptember 2026

Overview

Introductory statistics often ends just as modern statistical work begins. This short course introduces several ideas that become important in advanced study without attempting to provide a complete graduate sequence.

Learners encounter regularization, resampling, Bayesian updating, causal inference and high-dimensional estimation through carefully chosen examples. Each topic is presented as a response to a specific weakness of simpler methods.

The purpose is orientation: learners should finish with a map of advanced statistical thinking and enough technical context to decide what to study next.

This is a preview course. It introduces advanced ideas and their logic but does not replace a full graduate course in any one topic.

Learning objectives

By the end of the course, learners should be able to:

  • explain why regularization can improve out-of-sample performance;
  • use resampling to study estimator uncertainty and model stability;
  • interpret Bayesian updating as a coherent framework for combining prior information and evidence;
  • distinguish prediction from causal identification;
  • recognize challenges created by high-dimensional data;
  • identify which advanced statistical tools are appropriate for different analytical problems.

Intended participants and prerequisites

Intended participants

  • students who have completed an introductory statistics course;
  • prospective graduate students deciding which advanced topics to pursue;
  • data analysts seeking a conceptual bridge to modern statistics;
  • researchers who want an overview before deeper technical study.

Prerequisites

Introductory probability, statistics and regression.

The course is designed for independent online study. Learners should be prepared to check assumptions, reproduce key reasoning and complete the final assessment rather than treat the material as passive reading.

Course structure

The course is organised into six units. Each unit combines concise explanation, worked examples and short analytical exercises.

UnitSubjectPrincipal questions
1RegularizationWhy can deliberately biased estimates predict better?
2ResamplingHow can repeated sampling ideas measure stability and uncertainty?
3Bayesian inferenceHow are prior information and new evidence combined?
4Causal inferenceWhat additional assumptions are required to move from association to effect?
5High-dimensional statisticsWhat changes when the number of variables becomes large?
6Choosing a methodHow should the structure of a question determine the statistical tool?

Teaching and assessment

Teaching is delivered through concise lectures, technical notes, worked examples and guided exercises. AI-supported interaction may be used to explain concepts, generate additional practice and challenge a learner's reasoning, but assessment remains based on the learner's demonstrated understanding.

ComponentPurposeWeight
Short exercisesCheck understanding of the principal concepts40%
Applied investigationUse the course framework on a new problem or dataset30%
Final assessmentIntegrated reasoning across the course30%

A certificate of completion is issued only when the required assessments have been completed at the stated standard. Participation alone does not constitute completion.

Faculty

Gordon AI Tutor

AI course tutor created by professors at Gordon School of Business at Swiss Institute of Artificial Intelligence (SIAI)

Gordon AI Tutor is designed to support structured explanation, guided questioning and practice across Gordon courses. The tutor follows course materials and assessment logic developed by faculty and is intended to supplement, not replace, academic judgment.

Materials and technical requirements

Learning environment

Learners need a current web browser and access to the Gordon learning platform. Where a course uses code, spreadsheets, datasets or external readings, the relevant requirements are identified inside the unit.

Course materials

Required readings, datasets and practice materials are identified within each unit. Public courses are designed so that required core materials can be accessed without a separate tuition charge.

Continue to the course

Enter the learning platform to access the lectures, readings, exercises and assessments for this course.