Probability and Probability Distributions
About the course:
This course helps to understand the basic concepts concerned with probability, basic principles, permutations and combinations to probability, rules associated with probability, probability distribution in later chapters. concept of random variable, discrete and continuous random variables, expected value, variance and standard deviation of a random variable, expectation and variance of random variable in managerial decision making. Probability distribution, discrete and continuous probability distribution, discrete and continuous probability distribution, Binomial, Poisson and normal distributions, inferential statistics.