Apply regression, statistical analysis, and supervised learning to evaluate financial performance and predict risk. In this course, you’ll build the quantitative skills used by financial analysts to interpret data and support investment and lending decisions.
You’ll begin by calculating and interpreting alpha and beta using regression analysis. Then, you’ll examine the assumptions behind linear regression and test model reliability using residual analysis. You’ll apply descriptive statistics to summarize datasets and design A/B tests to measure financial impact. Finally, you’ll build supervised learning models, including decision trees, to predict financial risk and evaluate model accuracy.
What makes this course unique is its focus on applied finance scenarios. Instead of abstract statistics, you’ll work with financial use cases such as portfolio measurement and credit risk classification. The course concludes with a portfolio-ready project where you evaluate credit risk models and recommend a lending strategy using data-driven insights.
You will explain how alpha and beta measure portfolio performance and risk relative to the market. You’ll explore how these metrics separate market influence from manager skill and support risk-adjusted evaluation.
涵盖的内容
3个视频1篇阅读材料1个作业
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3个视频•总计12分钟
Introduction and Welcome•3分钟
Alpha & Beta Demystified•3分钟
Regression Foundations for Alpha & Beta•6分钟
1篇阅读材料•总计6分钟
The Meaning Behind Alpha and Beta•6分钟
1个作业•总计15分钟
Hands-on Activity: Compare Portfolios Using Alpha and Beta•15分钟
Interpret Alpha & Beta with Regression: Applying Regression to Interpret Portfolio Risk and Return
第 2 单元•小时 后完成
单元详情
You will apply regression techniques to calculate and interpret a stock's beta. You’ll translate statistical output into practical investment insights and communicate findings clearly.
涵盖的内容
2个视频1篇阅读材料2个作业
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2个视频•总计9分钟
From Scatterplot to Regression Output•6分钟
How to Read Regression Output Like an Analyst•3分钟
1篇阅读材料•总计5分钟
Running and Interpreting Regression for Beta •5分钟
2个作业•总计35分钟
Hands-on Activity: Run Your Own Regression: Estimate a Stock’s Beta•15分钟
Graded Quiz: Interpreting Alpha and Beta with Regression•20分钟
You will recognize the key assumptions underlying classical linear regression and understand why they matter for financial modeling reliability. You’ll explore how violations can affect forecast accuracy and credibility.
涵盖的内容
3个视频1篇阅读材料1个作业
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3个视频•总计14分钟
Welcome: Why Regression Assumptions Matter•3分钟
The Four Regression Assumptions Explained•4分钟
When Assumptions Fail: Real Financial Examples•7分钟
1篇阅读材料•总计10分钟
Diagnosing Before Modeling: Understanding Classical Regression Assumptions•10分钟
1个作业•总计25分钟
Hands-on Activity: Spot the Violation in Simulated Data (RStudio)•25分钟
Regression: Identify Assumptions & Apply Models:Applying OLS and Diagnosing Residuals in RStudio
第 4 单元•小时 后完成
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You will apply an OLS regression model and plot residuals to identify heteroscedasticity. You’ll interpret diagnostic outputs and assess whether your model meets statistical standards.
Hands-on Activity: Verify Model Reliability with Residual Diagnostics•25分钟
Graded Quiz: Regression Reliability Check•20分钟
Uncover Data's True Story: Statistics Unveiled: Understanding Measures of Central Tendency
第 5 单元•小时 后完成
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You will understand key measures of central tendency and determine when the mean or median is more appropriate, especially with skewed financial data. You’ll interpret summary statistics to support sound decision-making.
涵盖的内容
3个视频1篇阅读材料2个作业
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3个视频•总计13分钟
Welcome: What Do We Mean by Center?•4分钟
The Power (and Pitfalls) of the Mean•5分钟
The Median: The Honest Middle•5分钟
1篇阅读材料•总计10分钟
Measures of Central Tendency and when to use them•10分钟
2个作业•总计30分钟
Hands-on Activity: Choosing the Right Measure of Central Tendency•20分钟
Practice Quiz: Choosing the Right “Average”•10分钟
Uncover Data's True Story: Statistics Unveiled: Describing Data Like a Pro: From Numbers to Narratives
第 6 单元•小时 后完成
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You will apply descriptive statistics to summarize key features of a dataset. You’ll calculate, visualize, and communicate data patterns clearly for professional audiences.
涵盖的内容
3个视频1篇阅读材料3个作业
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3个视频•总计20分钟
Welcome: Let the Data Speak for Itself•4分钟
Descriptive Statistics: Telling the Story Behind the Numbers•6分钟
Visualizing Data: From Summary to Story•10分钟
1篇阅读材料•总计10分钟
Let the Data Speak: Descriptive Statistics in Action•10分钟
3个作业•总计52分钟
Hands-on Activity: Summarize and Visualize Descriptive Data•20分钟
Practice Quiz: Descriptive Statistics in Action•7分钟
Check Your Understanding: Descriptive Statistics•25分钟
Design A/B Tests for Financial Impact: Hypotheses in Finance
第 7 单元•小时 后完成
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You will explain the difference between a null and an alternative hypothesis and understand their role in financial experimentation. You’ll connect hypothesis testing logic to risk-adjusted performance evaluation.
涵盖的内容
3个视频1篇阅读材料2个作业
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3个视频•总计13分钟
Introduction and Welcome•3分钟
Why Hypotheses Matter in Finance•4分钟
Common Mistakes in Hypothesis Setup•5分钟
1篇阅读材料•总计8分钟
Null vs. Alternative Hypothesis Explained•8分钟
2个作业•总计20分钟
Hands-on Activity: State Your Null and Alternative Hypotheses•15分钟
Practice Quiz: Checking Your Hypotheses•5分钟
Design A/B Tests for Financial Impact: A/B Tests for Sharpe Ratio Impact
第 8 单元•小时 后完成
单元详情
You will apply A/B testing principles to design an experiment measuring an algorithm’s impact on the Sharpe ratio. You’ll structure test plans that distinguish true improvement from random variation.
涵盖的内容
3个视频2篇阅读材料3个作业
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3个视频•总计17分钟
Introduction to A/B Testing •5分钟
What Makes a Good Financial A/B Test?•5分钟
From Plan to Action•7分钟
2篇阅读材料•总计12分钟
Sharpe Ratio as an Evaluation Metric•6分钟
Define Your Variables and Controls•6分钟
3个作业•总计40分钟
Hands-on Activity: Build Your A/B Test Plan in Sheets•15分钟
Practice Quiz: Checking Your Knowledge of A/B Tests•5分钟
Graded Quiz: Evaluate A/B Design for Financial Impact•20分钟
Predictive Models for Financial Risk: The Predictive Modeling Workflow
第 9 单元•小时 后完成
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You will describe the standard workflow for developing and evaluating supervised learning models, from defining the predictive question to validating results. You’ll understand how structured workflows improve transparency and trust.
涵盖的内容
3个视频1篇阅读材料2个作业
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3个视频•总计12分钟
Introduction and Welcome•3分钟
The Supervised Learning Workflow Explained•4分钟
Data Splitting and Evaluation Metrics•5分钟
1篇阅读材料•总计10分钟
From Pain to Prediction—The ML Workflow in Finance•10分钟
2个作业•总计22分钟
Practice Quiz: Workflow Checkpoint•7分钟
Hands-on Activity: Summarize the ML Workflow•15分钟
Predictive Models for Financial Risk: Building and Evaluating a Financial Risk Classifier
第 10 单元•小时 后完成
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You will apply a decision tree model to predict a categorical outcome and report its accuracy. You’ll interpret model performance metrics and communicate findings in clear business language.
涵盖的内容
2个视频1篇阅读材料2个作业
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2个视频•总计11分钟
Anatomy of a Decision Tree•6分钟
Train a Decision Tree in Python•6分钟
1篇阅读材料•总计10分钟
From Building to Evaluating — Decision Trees in Financial Risk Analysis•10分钟
2个作业•总计35分钟
Hands-on Activity: Build and Test Your Classifier•15分钟
Graded Quiz: Predictive Models for Financial Risk•20分钟
Project: Evaluate Credit Risk Models and Recommend a Lending Strategy
第 11 单元•小时 后完成
单元详情
In this project, you will evaluate two predictive credit risk models—a logistic regression model and a decision tree classifier—using provided statistical outputs and performance metrics.
You will interpret regression coefficients, assess statistical significance, evaluate model assumptions, and compare classification performance using accuracy, precision, and recall. You will also analyze confusion matrix results and interpret pilot A/B testing outcomes.
Based on your analysis, you will recommend a lending strategy that balances predictive performance, financial risk exposure, and business priorities. This project simulates a real credit risk evaluation task performed by entry-level financial and risk analysts.
涵盖的内容
3篇阅读材料1个作业
显示有关单元内容的信息
3篇阅读材料•总计15分钟
Why This Project Matters •3分钟
Project Data •4分钟
How to Approach This Project •8分钟
1个作业•总计30分钟
Quiz: Evaluate Credit Risk Models and Recommend a Lending Strategy•30分钟
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Is Statistical and Predictive Modeling for Finance beginner-friendly?
Yes. The course introduces statistical concepts with guided examples and finance-focused applications. No prior statistics background is required.
Will I learn machine learning in this course?
Yes. You’ll apply supervised learning techniques, including decision trees, to predict financial outcomes and evaluate model performance.
How is this course relevant to finance careers?
Financial analysts use statistical modeling to assess risk, evaluate investments, and support data-driven decisions. This course builds those applied skills through real financial scenarios.
When will I have access to the lectures and assignments?
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What will I get if I subscribe to this Certificate?
When you enroll in the course, you get access to all of the courses in the Certificate, and you earn a certificate when you complete the work. Your electronic Certificate will be added to your Accomplishments page - from there, you can print your Certificate or add it to your LinkedIn profile.