Example
Variance of linear functions lemma
Classic discrete distributions
Uniform distribution definition
In a uniform discrete distribution, every outcome is equally likely
Bernoulli distribution definition
Binomial distribution definition
Example
It is known that screws produced by a certain company will be defective with probability
Example
Player bets on one of the numbers 1 through 6. Three fair dice are rolled. For each dice, if the result is the same as player’s bet, player receives 1 unit. If none of the dice have the player’s bet, 1 unit is taken from the player. Is the game fair to the player?