Class 3 - Statistics Notes

This was mostly on probability distribution functions. Couple of one liners from session

Conditional Probability Distribution - Value of one random variable not impacting another then random variables are independent

Variance - How many values < mean and > mean

Covariance - If X and Y are two independent variables Covariance is zero
Correlation Values between -1 and 1
Correlation

Probability "Chebyshev Inequality"
Chebyshev Inequality - For computing mean for specific region (Integrated over smaller region). Probability in tail for any random variable.

Related Reads

• Link1
• Jointly distributed random variables

Happy Learning!!!