Fundamentals of Statistics

Statistics is the science of turning data into insights and ultimately decisions. Behind recent advances in machine learning, data science and artificial intelligence are fundamental statistical principles. The purpose of this class is to develop and understand these core ideas on firm mathematical grounds starting from the construction of estimators and tests, as well as an analysis of their asymptotic performance.After developing basic tools to handle parametric models, we will explore how to answer more advanced questions, such as the following: How suitable is a given model for a particular dataset? How to select variables in linear regression? How to model nonlinear phenomena? How to visualize high-dimensional data? Taking this class will allow you to expand your statistical knowledge to not only include a list of methods, but also the mathematical principles that link them together, equipping you with the tools you need to develop new ones.This course is part of the MITx MicroMasters Program in Statistics and Data Science. Master the skills needed to be an informed and effective practitioner of data science. You will complete this course and three others from MITx, at a similar pace and level of rigor as an on-campus course at MIT, and then take a virtually-proctored exam to earn your MicroMasters, an academic credential that will demonstrate your proficiency in data science or accelerate your path towards an MIT PhD or a Master’s at other universities. To learn more about this program, please visit https://micromasters.mit.edu/ds/.