Hello everyone,

can somebody explain it to me that how is instructor calculating both the mean and median of this distribution ? I will be greatful if any one of you can share the calculation behind this result too.

Thank you for your time

Hello everyone,

can somebody explain it to me that how is instructor calculating both the mean and median of this distribution ? I will be greatful if any one of you can share the calculation behind this result too.

Thank you for your time

Hello @rabbia_Hassan,

For the mean, we multiply a k value (e.g. 2) with its probability (e.g. 0.3087), and we repeat this for all k values and their probabilities. Since there are 6 k values, we will get 6 multiplication results, and finally we add all these results up.

For the median, you may check out this.

Cheers,

Raymond

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Thank you very much for explaining so well. can you please guide me about the median too? Please

Hello @rabbia_Hassan,

Sorry that it was a wrong link. Please check this thread out for the median.

Cheers,

Raymond