Hi everyone! Read through the material below, watch the videos, work on the Excel lecture and follow up with me if you have questions.

 

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

WeBWorK. Set 4.2

Videos

Expected Value
Variance and Standard Deviation of a Discrete Random Variable