3.13 Probability Concepts - Just Added!
Your notes should include the following:
How do you calculate expected value?
What formula was used in the video?
Given an example of how this formula can be used to calculate the expected value in a given scenario.
Our Learning Objective was: "We are learning to use expected value to solve probability problems". Please think about the following.
Can you do this?
What are your strengths and weaknesses?
How can you improve your weaknesses?