Channel: ExcelIsFun
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Tags: business statistical analysisformula for expected valuedata analysisdiscrete probability distribution functionrandom variableempirical discrete probability distributionhighline collegeexcel statisticsmike girvinesa 23formula for standard deviation for a discrete probability distributionmicrosoft 365 excelbusn 210mike excelisfun girvindiscrete probability distributionstatistical analysisexcelisfunexcel statistical analysischapter 4
Description: Download Excel File: excelisfun.net/files/Ch05-ESA.xlsm PDF notes file: excelisfun.net/files/Ch05-ESA.pdf Learn about: Topics: 1. (00:00) Introduction. 2. (00:40) Define: Random Variable. 3. (01:40) Define: Discrete and Continuous Random Variables. 4. (03:55) Define: Probability Distribution and Discrete Probability Distribution. 5. (04:36) Three ways to describe Probability Distribution: Table, Chart, Function. 6. (06:00) Define: Discrete Probability Distribution Function. 7. (06:41) Define: Methods of assigning probabilities for a Discrete Probability Distribution. 8. (08:10) Define: Empirical Discrete Probability Distribution. 9. (09:19) Advantage of Probability Distributions. 10. (09:52) Steps to build a Discrete Probability Distribution. 11. (10:59) Formula for Expected Value for a Discrete Probability Distribution. 12. (12:07) Formula for Standard Deviation for a Discrete Probability Distribution. 13. (12:52) Summary of video 14. (12:58) Next Video and Video Links