LESSON THREE: Mean and Variance of A Discrete Probability Distribution

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5 Terms

1
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Mean (μ)

this is the theoretical average of a random variable.

2
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standard deviation (σ)

is the measure of the data from the mean.

3
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variance 2)

this is the square of the standard deviation.

4
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Sigma

How do you pronounce the sign for standard deviation?

5
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Mu

How you pronounce the sign for the mean?