Discrete Probability Distributions: Mean, Variance and Standard Deviation Formula Explained - Part 1
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Discrete Probability Distributions: Mean, Variance and Standard Deviation Formula Explained - Part 1
In this short video, we provide an explanation for the formulae associated with calculating the mean (expected value), the variance, and the standard deviation of a discrete probability distribution. The video develops the formulae from those associated with a discrete frequency distribution.
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