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  • Udj Tutorials Session 1: Dmitry Sumkin Insead September 2018

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    Kaew Vera Senapan
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    The document provides an overview of Session 1 of UDJ Tutorials. It introduces Dmitry Sumkin from INSEAD as the presenter. It then shows a diagram representing the diversity of backgrounds among INSEAD cohorts, including fields like history, economics, literature, and more. The rest of the document outlines the topics to be covered in the session, including uncertainty without distribution, Chebyshev's theorem, and the binomial distribution.

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    The document provides an overview of Session 1 of UDJ Tutorials. It introduces Dmitry Sumkin from INSEAD as the presenter. It then shows a diagram representing the diversity of backgrounds among INSEAD cohorts, including fields like history, economics, literature, and more. The rest of the document outlines the topics to be covered in the session, including uncertainty without distribution, Chebyshev's theorem, and the binomial distribution.

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    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
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    9 views6 pages

    Udj Tutorials Session 1: Dmitry Sumkin Insead September 2018

    Uploaded by

    Kaew Vera Senapan
    The document provides an overview of Session 1 of UDJ Tutorials. It introduces Dmitry Sumkin from INSEAD as the presenter. It then shows a diagram representing the diversity of backgrounds among INSEAD cohorts, including fields like history, economics, literature, and more. The rest of the document outlines the topics to be covered in the session, including uncertainty without distribution, Chebyshev's theorem, and the binomial distribution.

    Copyright:

    © All Rights Reserved
    Download as PPTX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    of 6

    UDJ TUTORIALS

    Session 1

    Dmitry Sumkin
    INSEAD
    September 2018
    INSEAD cohorts are very diverse

    History
    Economics Physics
    Literature Business Comp. science
    Military Math
    Law Medicine Engineering

    Less math More math


    INSEAD cohorts are very diverse

    History
    Economics Physics
    Literature Business Comp. science
    Military Math
    Law Medicine Engineering

    Less math More math


    Tutorials cater to this half
    of the audience
    Today
    • Uncertainty without distribution
    • Binomial distribution
    Uncertainty without distribution

    • Chebyshev’s theorem:
    1
    at least 1 − 2 proportion of observations
    𝑘
    fall between μ − 𝑘𝜎 and μ + 𝑘𝜎

    • You can be asked about one of μ, 𝑘 or 𝜎 given other two in


    the problem statement
    Binomial distribution

    • Number of successes in repeated trials


    • Math notation: X˜ B(n,p)
    • n trials
    • X successes
    • p each with probability of success
    • Calculate using your tables or use the formula

    • Important properties:
    m = np s = np(1- p)

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