Chapter 6.3 Flashcards
Geometric and Binomial Random Variables
1
Q
Geometric
A
first success, key words: until, first
2
Q
BIFS
A
Binary outcomes
Independent
First success
Same success probability
3
Q
Binomial
A
out of a pre-set number of trials, key words: number of trials
4
Q
BINS
A
Binary outcomes
Independent
Number of trials pre-set
Same success probability
5
Q
10% sampling rule
A
If the sample size is 10% or less of the population, the sample meets the independence requirements (regardless of replacement)