Probability. The calculated likelihood that a given event will occur.
Chris Morgan, MATH G160 [email protected] January 8, 2012 Lecture 13 Chapter 5.6: Hypergeometric Distribution, Binomial Approx. to HG 1.
Simulation. What if you can’t perform an experiment to find the probability of a certain event? ▪ Say there’s a young family who plans to have 3 children.
Variance and Standard Deviation The variance of a discrete random variable is: The standard deviation is the square root of the variance.
Slides by JOHN LOUCKS St. Edward’s University
Variance and Standard Deviation
