binomial & normal distribution Flashcards
1
Q
Random Variable definition
A
the value of a variable resulting from a random experiment
2
Q
Random Experiment definition
A
an experiment where the outcome cannot be predicted
3
Q
Types of Random Variable
A
- discrete random variable
- continuous random variable
4
Q
Discrete Random Variable
A
- non-negative, distinct, countable numbers (integers)
- used in binomial distribution
5
Q
Continuous Random Variable
A
- takes any values, including uncountable numbers
- used in binomial distribution
6
Q
Parameters for Binomial Distribution
A
- n : total number of trials
- p : probability of a certain outcome occuring
7
Q
Conditions for Binomial Distribution
A
- fixed no. of trials (n)
- independent outcomes for each trial
- two mutually exclusive outcomes for each trial
- same probability of success (p) for each trial
- discrete random variable
8
Q
Assumptions for Binomial distribution
A
contextualise:
1. independent outcomes for each trial
2. same probability of success (p) for each trial
9
Q
Parameters for Normal Distribution
A
- mean = E(X)
- variance = Var(X)
10
Q
Conditions for Normal Distribution
A
- continuous random variable