Organizing Data
The Mean and the Median are measures of this.
What are measures of center?
Expected value is another way of stating it.
What is the Mean of a Random Variable?
Independent Events, Fixed Probability, Fixed number of events, Success/Failure are the 4 requirements for this distribution.
What is the Binomial Distribution?
Day and Night are an example of these kinds of events which don't overlap.
What are Mutually Exclusive Events?
The mean of a random variable with this distribution:
x | 4 10 15
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P(x) | .5 .3 .2
What is 11?
The probability of the first success being before the 3rd trial when P(a) = .18
What is .3276?