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Expected Value, Coin Flips, and the Naive Definition of Probability // Math Minute [#23]
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In this Part One video, I am mainly looking at how to calculate expected value for a probability distribution, using coin flips. We can extend this to the Guess the President activity, but it quickly becomes difficult because of various quirks to the distribution or presidential terms of the selection of years Meyer made. When that happens, it can often be helpful to try to discover the probability experimentally or by doing a simulation. That is what I will be doing in tomorrow's video. Tune in to find out if I was right or not!
Regarding the AMAZING giveaway that I am currently running (November and December 2020), today’s video is a bit of a cliffhanger, and for that I apologize. Tomorrow’s video WILL have the final winner of the iPhone 8 (box), based on commenters for Math Minutes #18 through #22.
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Expected Value, Coin Flips, and the Naive Definition of Probability // Math Minute [#23]
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