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Randomness, Probability, and Expectation

Lecture no. 18 from the course: Mathematical Decision Making: Predictive Models and Optimization

Randomness, Probability, and Expectation

Taught by Professor Scott P. Stevens | 32 min | Categories: The Great Courses Plus Online Mathematics Courses

Probability allows you to evaluate situations where only partial control is possible—such as investment opportunities, public relations problems, and waiting lines. Hone your skills in elementary probability with simple challenges, including a game called “Cat or No Cat.”