Statistics For Decision Making

Statistical Decision Making is a set of quantitative methods for reaching optimal decisions. It is regarded as the cognitive process resulting in the selection of a belief or a course of action among several alternative possibilities. In this course we will learn about various models in decision making, its error estimation and the cost of the errors.

365 days course access

Live instructor-led online classes

Industry-based projects

Master the various concepts in Statistical Decision Making by learning statistics

E-box Job Assistant

Get noticed by the top hiring companies

Guide from “Amphi”

The Super teacher

Includes:

  • 2 hours of lecture Videos
  • 50 hands-on practice exercises
  • 35 Assessment exercises
  • 15 code analysis exercises
  • 300 knowledge based questions
  • 2 Live connect sessions
             (Master classes)
  • Lifetime access

Have a coupon?

Contact Us
+91 95669 33778

Statistics For Decision Making

ABOUT THE COURSE

In this course, you will learn about Bayes Theorem and decision making using Bayes Theorem, designing and customizing the Bayesian theorem to work with more than 2 features and cost estimation for errors.

COURSE OBJECTIVES

Upon successful completion of the course, the learner will be able to :
  • Master the various concepts in Statistical Decision Making.
  • Learn how Statistical Decision Making plays an important role in prediction and decision making in AI and ML algorithms.

Course Content

Bayes Theorem and Bayesian Decision Making

In this topic, you will learn about how conditional probability is used to derive Bayes Theorem and decision making using Bayes Theorem.

  • 1 Video
  • 7 hours
  • 80 Problems

Multiple Features and Multivariate Statistics

In this topic, you will learn about designing and customizing the Bayesian theorem to work with more than 2 features.

  • 1 Video
  • 7 hours
  • 80 Problems

Decision Regions and Decision Boundaries, Multi-Dimensional Decision Boundaries

In this topic, you will learn about how to create decision region classification by deriving Decision Boundaries and multidimensional Decision Boundaries.

  • 1 Video
  • 7 hours
  • 80 Problems

Cost of Errors and Estimation of Errors, Regression

In this topic, you will learn about how to calculate the cost of error and how to do an estimation of errors.

  • 1 Video
  • 7 hours
  • 80 Problems

Applications of Statistical Modelling in ML

In this topic, you will learn about the application of Statistical Decision Making in the field of AI and ML.

  • 1 Video
  • 7 hours
  • 80 Problems

Recommended Courses

You can opt for the following courses once you complete your ongoing course

About E-Box

E-Box is a Technology Enabled Active Learning and
Assessment platform for technology and engineering
domains apart from the basic LMS components like
quizzes, assignments, lesson components.

Connect with us

E-Box Google Playstore