The document discusses computing the mean, variance, and standard deviation of discrete random variables. It provides examples of calculating the mean of different probability distributions by taking the sum of each value multiplied by its probability. It also gives examples of finding variance by taking the sum of the squared differences between each value and the mean multiplied by its probability, and defines standard deviation as the square root of variance. The document aims to help readers understand how to calculate and interpret these statistical measures for discrete random variables.