Chapter 3: Probability and Probability Distributions (Weeks 7-10)

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Reading Assignment 3.1, 3.2 -- Probability

Please read Sections 3.1 and 3.2 of the textbook. Use these slides or the corresponding videos to review the concepts or to refer back to when doing the homework questions.

Section 3.1:   [ Discussion Slides  ]      Video 

Section 3.2:   [ Discussion Slides  ]      Video 

    Worked Solution Videos:   [3.3]    [3.7]   [3.15]   [3.21]   [3.25]

 

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Reading Assignment 3.3 -- Simulations

Please read Section 3.3 of the textbook. Use these slides to review the concepts or to refer back to when doing the homework questions.

Section 3.3:  [ Discussion Slides ]  

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Reading Assignment 3.4 -- Random Variables

Read Section 3.4 in the textbook and watch this video about risk and EV.

Would You Take This Bet? Probability and Expected Value: 

Section 3.4:  [ Discussion Slides ]    [ Video ]

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Reading Assignment 3.6 -- Binomial Formula and Distribution

Please read Section 3.6 of the textbook. Use these slides or the corresponding video to review the concepts or to refer back to when doing the Also use the calculator tutorial to learn and practice evaluating binomial coefficients and the binomial formula on the calculator.

Binomial Formula:   [ Discussion Slides ]      Video 

     Calculator - Evaluating the Binomial Coefficient:      [ TI-83/84  ]    [ Casio  ]

     Calculator - Evaluating the Binomial Formula:          [ TI-83/84  ]    [ Casio  ]

    Worked Solution Video:   [3.51]

 

Binomial Distribution:  [ Discussion Slides ]     Video 

     Worked Solution Video:  [3.55]

     See how binomial distribution changes as n and p change applet link


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