Ch. 6.1 (Probability Model For A Continuous RV) Flashcards
1
Q
Discrete Probability Distribution
A
Takes on only some isolated values, usually integers (whole numbers) representing a count
2
Q
Continuous Probability Distribution
A
Can ideally assume any value in an interval
3
Q
Probability Density Function
A
Describes the distribution of probability for a continuous random variable
Requirements:
- total area under curve is 1
- the area is between A and B
- f(x) must be > or equal to all x
4
Q
Normal Distribution
A
Has a bell-shaped density
- 3% within 1 SD of mean
- 4% within 2 SD of mean
- 7% within 3 SD of mean
5
Q
Standard Normal Distribution
A
A normal distribution with the parameters U = 0 and O = 1, denoted N(0,1)