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Anjana Selvvhara English 1 slide

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  1. Slide 1

    • List of all possible [ xi, p(xi) ] pairs
    • xi = value of random variable
    • P(xi) = probability associated with value
    • Mutually exclusive (nothing in common)
    • Independent vs Dependent.
    • Collectively exhaustive (nothing left out)
    • 0 ≤ p(xi) ≤ 1
    • Σ P(xi) = 1
    • Weekly Demand of a Slow-Moving Product
    • Demand, x Probability,
    • 0 0.1
    • 1 0.2
    • 2 0.4
    • 3 0.3

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Slide Set on Untitled, created by Anjana Selvvhara on 28/12/2015.
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