Probability distribution calculating mean (expected value) and standard deviation

In this video, I explain how to calculate the mean (expected value) and standard deviation of a probability distribution using clear step-by-step examples. You will learn how to apply the formulas, organize probability values correctly, and interpret the results in an easy way. This tutorial is helpful for students studying statistics, mathematics, business, economics, and finance, especially those preparing for exams, assignments, or class tests. Don’t forget to like, share, and subscribe for more educational tutorials on statistics and mathematics.