View on Coursera

Learning Outcomes

  • Identify characteristics of “good” estimators and be able to compare competing estimators.
  • Construct sound estimators using the techniques of maximum likelihood and method of moments estimation.
  • Construct and interpret confidence intervals for one and two population means, one and two population proportions, and a population variance.

Course Content

Duration: 5h 57m

In this module you will learn how to estimate parameters from a large population based only on information from a small sample. You will learn about desirable properties that can be used to help you to differentiate between good and bad estimators. We will review the concepts of expectation, variance, and covariance, and you will be introduced to a formal, yet intuitive, method of estimation known as the "method of moments".

Duration: 5h 27m

In this module we will learn what a likelihood function is and the concept of maximum likelihood estimation. We will construct maximum likelihood estimators (MLEs) for one and two parameter examples and functions of parameters using the invariance property of MLEs.

Duration: 6h 3m

In this module we will explore large sample properties of maximum likelihood estimators including asymptotic unbiasedness and asymptotic normality. We will learn how to compute the “Cramér–Rao lower bound” which gives us a benchmark for the smallest possible variance for an unbiased estimator.

Duration: 5h 53m

In this module we learn about the theory of “interval estimation”. We will learn the definition and correct interpretation of a confidence interval and how to construct one for the mean of an unseen population based on both large and small samples. We will look at the cases where the variance is known and unknown.

Duration: 6h 13m

In this module, we will generalize the lessons of Module 4 so that we can develop confidence intervals for other quantities of interest beyond the distribution mean and for other distributions entirely. This module covers two sample confidence intervals in more depth, and confidence intervals for population variances and proportions. We will also learn how to develop confidence intervals for parameters of interest in non-normal distributions.

 

Note: This page is periodically updated. Course information on the Coursera platform supersedes the information on this page. Click View on Coursera button above for the most up-to-date information.