After this lesson, you will be able to compute and interpret the expectation, variance and standard deviation for continuous random variables. Furthermore, you will have a deeper understanding of the probability density function (pdf) and the cumulative density function (cdf) of a distribution.
In the previous lesson, the formulas for the expectation and the variance had been given. This lesson, we will elaborate on how those statistics have been computed. It is important to understand how this works, as the reality will face you with cases that are less straight away.