"No one is harder on a talented person than the person themselves" - Linda Wilkinson ; "Trust your guts and don't follow the herd" ; "Validate direction not destination" ;

September 06, 2015

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

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Happy Learning!!!

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