Lecture 4.pdf - BUSN1009 Quantitative Methods LECTURE 4...

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LECTURE 4 PROBABILITY II Reading: Ch 5.1 – 5.3 BUSN1009 Quantitative Methods
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2 Today’s lecture Discrete probability distributions Ch 5.1 & 5.2 Mean (expected value) and Standard deviation Two discrete random variables (X & Y) Covariance between X and Y Mean and standard deviation of (X ± Y) Binomial distribution Ch 5.3 Probability calculations Mean and standard deviation
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