Probability & Statistical Reasoning
A practical course in reasoning under uncertainty, from conditional probability to estimation and evidence.
- Probability
- Statistics
- Reasoning
- Online · Self-paced
Course facts
| Offered by | Gordon Institute Open School |
| Academic lead | Gordon AI Tutor |
| Level | Foundation–Intermediate |
| Format | Online · Self-paced |
| Expected study | 16–22 hours |
| Language | English |
| Prerequisites | Basic algebra; prior calculus is helpful but not required |
| Assessment | Exercises and final assessment |
| Recognition | Certificate of completion |
| Last reviewed | September 2026 |
Overview
Statistics begins with a simple difficulty: the information available is incomplete. This course studies how probability and statistical reasoning help distinguish what is known, what is estimated and what remains uncertain.
Rather than presenting a catalogue of tests, the course is organized around questions of evidence. Learners examine conditioning, base rates, sampling, likelihood, estimation, uncertainty, regression and common sources of misleading inference.
Examples are drawn from research, business, public policy and data analysis so that the same reasoning habits can be transferred across domains.
The central skill is not calculation. It is knowing what a calculation does and does not justify.
Learning objectives
By the end of the course, learners should be able to:
- reason with conditional probabilities and base rates;
- distinguish population quantities from sample estimates;
- interpret confidence, likelihood and uncertainty without common verbal errors;
- recognize selection bias, multiple testing and regression pitfalls;
- evaluate whether statistical evidence supports a stated claim;
- formulate useful follow-up questions when evidence is incomplete.
Intended participants and prerequisites
Intended participants
- learners preparing for statistics or data science;
- writers and analysts who interpret empirical evidence;
- professionals who need to challenge quantitative claims;
- students preparing for research-oriented graduate study.
Prerequisites
Basic algebra; prior calculus is helpful but not required.
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.
| Unit | Subject | Principal questions |
|---|---|---|
| 1 | Probability and conditioning | How should beliefs change when new information arrives? |
| 2 | Random variables and expectation | How are uncertain outcomes summarized and compared? |
| 3 | Sampling and estimation | How can a finite sample inform a larger population? |
| 4 | Likelihood and uncertainty | How should evidence about unknown parameters be represented? |
| 5 | Regression and association | What does an estimated relationship mean, and what does it fail to establish? |
| 6 | Statistical failure modes | How do selection, multiplicity and weak assumptions produce misleading conclusions? |
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.
| Component | Purpose | Weight |
|---|---|---|
| Short exercises | Check understanding of the principal concepts | 40% |
| Applied investigation | Use the course framework on a new problem or dataset | 30% |
| Final assessment | Integrated reasoning across the course | 30% |
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.