Application: Airline Overbooking

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From the course by University of Zurich
An Intuitive Introduction to Probability
217 ratings
University of Zurich

An Intuitive Introduction to Probability

217 ratings
From the lesson
Discrete Random Variables
In this module we move beyond probabilities and learn about important summary measures such as expected values, variances, and standard deviations. We also learn about the most popular discrete probability distribution, the binomial distribution.

Meet the Instructors

  • Karl Schmedders
    Karl Schmedders
    Professor of Quantitative Business Administration
    Department of Business Administration