Probability Trees and Conditional Expectations (2024 CFA® Level I Exam - QM - Module 4)

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Topic 1 - Quantitative Methods
Learning Module 4 - Probability Trees and Conditional Expectations
- LOS : Calculate expected values, variances, and standard deviations and demonstrate their application to investment problems.
- LOS : Formulate an investment problem as a probability tree and explain the use of conditional expectations in investment application.
- LOS : Calculate and interpret an updated probability using Bayes’ formula.

[@madhumithamadhavan1179]

Thank you for explaining statistics in such a meaningful and relatable way!

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you deserve all the good things +

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[@alanlau4400]

7:36 - when calculating expected sales, it should be 0.5 X 30, not 0.5 X 0.3