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The Nature of Mathematics – 13th Edition

Expected value

Video Links 13-2

August 11, 2015July 20, 2015 by elaine

Video:
Expected value  (time: 7:57)
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Categories Chapter 13, Video Links Tags Expected value

Section 13.2: Mathematical Expectation

September 25, 2015July 20, 2015 by elaine

13.2 Outline

  1. Expected value
    1. expected value (expectation)
    2. fair game
    3. mathematical expectation
  2. Expectation with a cost of playing
    1. definition
    2. roulette wheel and board

 

13.2 Essential Ideas

If an event E has several possible outcomes with probabilities p1, p… See the whole entry

Categories Essential Ideas Tags Expected value, Fair game, Mathematical Expectation
  • Epilogue Video Links

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