6.2 Generating Functions Part 1

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In this video, we introduce the concept of generating functions as a power series, and incorporate a discrete PDF into the definition. After doing several examples, we derive a few properties, including an alternative way of finding expected value and variance. We end by showing how you can find probabilities from the generating function.
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In calculus you learn to be extremly cautious with infinities. With GF you are teached: "Naa, it wil be fine.". I will never understand (how to use) gf.😮

heihan