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.

Media Hopper link: Expectation and Variance

Exercises

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