Log in
Choose your language

Stochastic Processes Course

Stochastic Processes Course
from 4 to 360h flexible workload
certificate recognized by MEC

What will I learn?

This course will help you understand how things change randomly, which is important for people who work with numbers. You'll learn how to estimate important numbers using methods like Maximum Likelihood Estimation and the Method of Moments. You'll also learn about Geometric Brownian Motion and how it's used to understand money matters. You'll learn how to collect data, clean it up, and make pictures to help you understand what the simulations are showing you. You'll learn about changes and things that are not certain, and how they affect choices about money. This course will give you real skills that you can use.

Elevify advantages

Develop skills

  • Master Maximum Likelihood Estimation (MLE): Learn how to best estimate numbers using Maximum Likelihood Estimation.
  • Analyze Variability: Understand how much things change and how uncertain they are in stochastic processes (random changes).
  • Simulate Stock Prices: Make pretend stock prices to see how they might change in the future.
  • Visualize Data: Make good graphs and charts to show what the data means.
  • Apply Geometric Brownian Motion (GBM): Use Geometric Brownian Motion to understand how money matters work.

Suggested summary

Before starting, you can change the chapters and the workload. Choose which chapter to start with. Add or remove chapters. Increase or decrease the course workload.
Workload: between 4 and 360 hours

What our students say

I was just promoted to Intelligence Advisor of the Prison System, and the course from Elevify was crucial for me to be the chosen one.
EmersonPolice Investigator
The course was essential to meet the expectations of my boss and the company where I work.
SilviaNurse
Very great course. Lots of rich information.
WiltonCivil Firefighter

FAQs

Who is Elevify? How does it work?

Do the courses have certificates?

Are the courses free?

What is the course workload?

What are the courses like?

How do the courses work?

What is the duration of the courses?

What is the cost or price of the courses?

What is an EAD or online course and how does it work?

PDF Course

Here you can study anything you want

Didn't find what you were looking for? Want to study about the topic you've always wanted?