Fred Gitonga

Descriptions when talking about investment maths Risk Events Risky events — Events with known probabilities and measurable outcomes (e.g., coin flip, dice roll) Uncertain events — Events where probabilities are unknown or cannot be reliably estimated (e.g., new technology success, unprecedented market conditions) Probability Concepts Probability density function (pdf) — Function that assigns probability to outcomes of risky events Discrete — Assigns probabilities to specific, countable outcomes (e.g., r...

In statistics, an outlier is a data point that differs significantly from other observations. Consider a neighborhood where most households have moderate surface areas, ranging from 75 to 140 squared meters. However, there are several households with an area of > 5000 squared meters. In this case, the households with an area of 250 squared meters are the outliers because they significantly differ from the area range of the rest of the neighborhood. You can identify outliers using visualizations like box ...

Start with the basics. Try these out. GitHub. Learn from the creators. 2. Choose a language....