DMP 8.2: Expected Value and Standard Deviation

Reading

Read Section 2.3, pages 83–91.

The important notions are:

• Expected value / Expectation / Mean
• Variance
• Standard Deviation

Video

The following video explores these notions using Example 2.17 and Exercise 33.

Exercises

If you want to have some practice, try representative exercises 29, 30, 35, 42, and 44.