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Expected value, variance and standard deviation using MS-Excel

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 […]

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DS Concepts DS Tools MS Excel

Expected value and standard deviation

Expected value, variance and standard deviation 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 […]

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