Decision Making with Probability & Statistics, Do it Right.
What you'll learn
- What are the common mistakes and misconceptions people make, when using Probabilities in their judgements and decisions ?
- What are the common mistakes and misconceptions people make, when using Statistics and statistical inferences, in their judgements and decisions ?
- What are the Psychological Biases and Fallacies, that make us conclude wrongly, when using Probability and Statistics ?
- How can we try and avoid such pitfalls, mistakes and misconceptions, when using Probability and Statistics in decision making ?
Requirements
- High School Math knowledge, of basic Probability and Statistics
Description
Every day, as a Leader or Manager, you make decisions based on data. You read a report. You look at a chart. You trust a number. And you act !
But what if the data was already broken before you looked at it? What if the chart was technically accurate but completely misleading? What if the pattern you spotted was pure randomness, and your brain simply invented a story around it?
This is not a rare problem. It happens to all of us, in every organization, every industry, every day.
Research tells us that the human brain is not naturally wired to handle statistics, probability, randomness, and risk accurately. We make the same systematic, predictable mistakes — not because we are careless, but because of how our brains work !
In this Course, you will learn exactly how and why this happens. And what to do about it.
We go through flawed data, misleading summaries, pattern errors in randomness, probability misjudgments, risk blind spots, and practical strategies you can apply right away. Every concept is backed by real research and real-world examples.
Sivakami has nearly 2 decades of corporate experience leading global teams at organisations like Microsoft and Verizon; and nearly a decade teaching Leadership Science and Psychology to more than 160,000 students across 180 countries. So you are in good hands !
This is not a Probability or Statistics course. You will not be taught foundational Probability or Statistics concepts here.
A basic high school level understanding is all you need.
What you will learn is how to stop misreading the data you already have — and start making decisions that are sharper, more honest, and far more reliable. How to make good decisions, when it involves probability, statistics, randomness, risk and uncertainty !
If your decisions affect teams, budgets, strategies, or people — this Course is absolutely for you !
Declaration : AI Tools only used for minor language edits, and in searching for Research Papers and Sources. NotebookLM used for Infographics and Slides. No other AI use !
Who this course is for:
- Leaders and Managers who want to avoid Statistics and Probability mistakes, while making decisions
- Management Students, and aspiring Leaders, who want to use Probability and Statistics, more accurately and effectively
- Anyone who wants to avoid the pitfalls, mistakes and misconceptions, when using Probability and Statistics.
Instructor
Sivakami (pronounced She-vuh-kaa-me) is a Business Leader turned Online Educator, specializing in Leadership Psychology.
She moved from the Corporate World into teaching in 2015.
Since then, she has coached university students, business leaders, and managers around the world. She is a bestselling Udemy instructor, and a Udemy Instructor Partner, a title held by less than 1% of Udemy Business instructors. More than 165,000 students, from 181 countries, have taken her courses.
All her Courses draw on research from Cognitive and Social Psychology, Neuroscience, and Behavioral Economics. She turns that research into practical strategies that today's leaders and managers can actually use.
Before teaching, Sivakami spent almost two decades in leadership roles at large multinational companies. She led global teams, drove major initiatives, and helped shape corporate policy, while working toward demanding business goals.
Along the way, she coached and mentored many young leaders and managers, and experienced first hand both the joys and the challenges of leadership.
She holds an MBA from a prestigious Asian business school, and a postgraduate degree in Business Research Methods from the Edinburgh Business School, where she specialized in Leadership Psychology.
She is also certified by Yale, through Coursera, in Introduction to Psychology and Moralities of Everyday Life, and completed The Science of Everyday Thinking through edX and the University of Queensland, Australia.
Sivakami brings the science of human behavior and thinking to modern leaders and managers. Whether they're learning on their own, or through their organization, the goal is the same. Understand why people think and act the way they do. And become a better Leader/Manager by doing so !