Week 1: Probability, Distributions & Hypothesis Testing
Build statistical intuition for data analysis: descriptive stats, probability theory, key distributions, and the hypothesis testing workflow.
- Calculate descriptive statistics and interpret them correctly
- Apply Bayes' theorem to real inference problems
- Conduct t-tests and chi-square tests
- Understand p-values, confidence intervals, and statistical power
This first lecture establishes the foundational framework for Statistics Fundamentals. By the end of this session, you will have the conceptual grounding and practical starting point needed for the rest of the course.
Key Concepts
The lecture introduces the four main pillars of this course: Descriptive Statistics, Probability & Bayes, Normal, Binomial, Poisson Distributions, Hypothesis Testing & p-values. Each will be explored in depth over the 14-week curriculum, with hands-on projects reinforcing theory at every stage.
This Week's Focus
Focus on mastering: Descriptive Statistics and Probability & Bayes. These are the prerequisites for everything in Week 2. The concepts build on each other — do not skip the practice exercises.
STAT101 Project 1: A/B Test Analysis
Analyze a real A/B test dataset (marketing campaign or UI experiment). Apply t-tests, compute confidence intervals, and write a business recommendation based on statistical evidence.
- Cleaned dataset with EDA summary
- T-test and effect size calculation
- Confidence interval visualization
- 1-page business recommendation with statistical justification
These represent the style and difficulty of questions you'll see on the midterm and final. Start thinking about them now.
A coin is flipped 100 times and lands heads 61 times. Compute the p-value for the null hypothesis that the coin is fair.
What is the difference between Type I and Type II errors? Give a real-world example of each.
Explain what a 95% confidence interval means in plain language.