Topic: Random Variables and Expected Value

Indicator Variables and Expected Counts

Independence of Discrete Random Variables

How Shifts and Rescaling Change Mean and Variance

Finding the Distribution of a Difference

Expected Values from Payoff Tables

Expected Values of Sums and Differences

Expected Value as a Probability-Weighted Average

Expected Value, Mode, and Possible Outcomes

Expected Payoffs and Fair Entry Prices

Expectations of Functions of a Random Variable