If anyone is wondering : Alpha = Shape = (Mean)^2 / Variance. And Beta = Scale = Variance / Mean.
Jim104728 5 months ago
Fast - but GOOD. Clear explanation. Doesn't ramble like other videos. Also liked how the Excel stuff was shown.
ecvbopol 2 years ago
If anyone is wondering : Alpha = Shape = (Mean)^2 / Variance. And Beta = Scale = Variance / Mean.
Jim104728 5 months ago
Fast - but GOOD. Clear explanation. Doesn't ramble like other videos. Also liked how the Excel stuff was shown.
ecvbopol 2 years ago