Hi Everyone! Today, we will learn about the concepts of expected value, variance and standard deviation. We will also learn about their implementation using MS-Excel. Consider a firm M which has collected the data of profits and the probability of their occurrence. The profits can be taken in the scale of 1000’s of $. We […]
Discrete Probability Distributions Hi ML Enthusiasts! Today, we will talk about discrete probability distributions and their implementation in MS-Excel. This is very important as it lays the foundation of statistics which is very useful if you want your career in Data Science. So, let’s start with our tutorial! Random Variables and their Types Every experiment […]
Hi ML Enthusiasts! Today, we will talk about discrete probability distributions and their implementation in MS-Excel. This is very important as it lays the foundation of statistics which is very useful if you want your career in Data Science. So, let’s get started! Random Variables and their Types Every experiment that we do has its […]
