Module 1 is a great place to learn skills that you will use in business often! Probability distribution and co-variance may be used to understand a wide range of business problems. Be sure to have a strong grasp of work covered in previous Modules as the material in this course builds from one Module to the next.
The properties of a probability distribution.
To compute the expected value and variance of a probability distribution.
To calculate the covariance and understand its use in finance.
To compute probabilities from the binomial, Poisson, and hypergeometric distributions.