This free course introduces basic ideas of probability. It focuses on dealing with uncertainty in a financial context and explores decision trees, a powerful decision-making technique, which can help you to simplify and formulate business decisions. The course also includes videos that introduce the key ideas and guide you through numerous examples.
Course learning outcomes
After studying this course, you should be able to:
deal with basic uncertainty in a decision-making context
You can start this course right now without signing-up. Click on any of the course content sections below to start at any point in this course.
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Creative commons: The Open University is proud to release this free course under a Creative Commons licence.
However, any third-party materials featured within it are used with permission and are not ours to give away. These
materials are not subject to the Creative Commons licence. See terms and conditions377 and our FAQs378.
Full copyright details can be found in the Acknowledgements section of each week.
For further information, take a look at our frequently asked questions which may give you the support you need.
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