Lesson 11: Expected Value and Variance

Learning Outcomes.

• Assign probabilities to events using discrete probability distributions.
• Find the variance and expected value of a discrete random variable.

Topic. This lesson covers: Expected Value and Variance

• Openstax Introductory Statistics:
  • 4.2 Mean or Expected Value and Standard Deviation
• Introductory Statistics by Sheldon Ross, 3rd edition: Sections 5.3 & 5.4

WeBWorK. Set 4.2 – due 10/18 at 4 pm