1 / 26

Expectation And Variance of Random Variables

Expectation And Variance of Random Variables. Farrokh Alemi Ph.D . Random Variable. Probability of Random Variable. Expected Value. Expected Value. Dental Service. Dental Service. Dental Service. Dental Service. Dental Service. Dental Service. Dental Service. Bookstore Revenues.

tyler
Download Presentation

Expectation And Variance of Random Variables

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Expectation And Variance of Random Variables Farrokh Alemi Ph.D.

  2. Random Variable

  3. Probability of Random Variable

  4. Expected Value

  5. Expected Value

  6. Dental Service

  7. Dental Service

  8. Dental Service

  9. Dental Service

  10. Dental Service

  11. Dental Service

  12. Dental Service

  13. Bookstore Revenues

  14. Bookstore Revenues

  15. Variance

  16. Variance Mean

  17. Variance Probability of the event

  18. Variance

  19. Variance

  20. Variance

  21. Variance

  22. Variance

  23. Expected Value of Combinations

  24. Variance of Linear Combination

  25. Take Home Lesson Expected Value of a random variable is the sum of the events weighted by probability of the events

  26. Do One 10% of employees have no health costs, 90% have $300 outpatient costs and 1% have $20,000 hospitalization costs. What is the average health care cost of our employees?

More Related