20 hours
- Module 1. Concept of probability
Probability, expected value, variance
Expected profitability of a portfolio and variance in profitability
Bayes’ theorem and probability formula
- Module 2. Basic distribution functions of Probability
Discrete and continuous random variables
Monte Carlo simulation
- Module 3. Statistics
Basic comcept
Presentation of Data and Frequency Distribution
The graphical description of data
Measures of central tendency
Other methods for information distribution
Measures of Dispersion
- Module 4. Sampling and evaluation
Sampling
The sampling distribution of the mean (central limit theorem)
Interval evaluation
- Module 5. Hypothesis testing
Test for mean
Test for variance
Test for correlation