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Probability & Prob Distributions

Probability & Prob Distributions

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Categories:Types, Business/Law
Published by: anindya_kundu on Apr 16, 2010
Copyright:Attribution Non-commercial

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06/09/2014

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ProbabilityProbability&&Probability DistributionsProbability Distributions
Prof G R C Nair Prof G R C Nair 
 
ObjectivesObjectives
Have a quick review of basic concepts of probabilityDefine the terms random variable, expected value and probability distribution.Distinguish between a discrete and continuous probability distributions.Calculate the mean, variance, and standard deviation of a discrete probability distribution.
 
What is Probability?What is Probability?
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of anof anuncertain event.uncertain event.

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