Industry-relevant training in Business, Technology, and Design to help professionals and graduates upskill for real-world careers.
Fun, engaging games to boost memory, math fluency, typing speed, and English skills—perfect for learners of all ages.
The chapter delves into Joint Probability Distributions, detailing their significance in understanding the relationships between multiple random variables. Various concepts such as marginal distributions, conditional distributions, and independence of random variables are thoroughly explained, providing a foundational understanding for advanced statistical analysis. Additionally, expectation, covariance, and correlation coefficients are discussed to further elucidate the associations between variables.
References
unit 3 ch14.pdfClass Notes
Memorization
What we have learnt
Final Test
Revision Tests
Term: Random Variables
Definition: Functions that assign real numbers to outcomes in a sample space, categorized into discrete and continuous.
Term: Joint Probability Distribution
Definition: A function that describes the probability behavior of two or more random variables simultaneously.
Term: Marginal Distribution
Definition: The probability distribution of a single variable obtained by summing or integrating over the other variables.
Term: Conditional Distribution
Definition: Describes the distribution of one variable given the value of another variable.
Term: Independence
Definition: Two random variables are independent if the joint probability equals the product of their individual probabilities.
Term: Expectation
Definition: The mean of a random variable, calculated as the weighted average of all possible values.
Term: Covariance
Definition: A measure of the joint variability of two random variables, indicating the direction of their linear relationship.
Term: Correlation Coefficient
Definition: A normalized measure of the strength and direction of the linear relationship between two variables.