Discrete Probability Distributions Flashcards
What are the conditions for binomial distribution?
FICT
Fixed number of trials
Independent trials
Constant probability of success
Two outcomes in each trial
How can binomial distribution be denoted?
X ~ B(n,p)
What is the formula for a binomial distribution?
P(X=x) = nCx * px * (1-p)n-x
What is the formula for the mean of binomial distribution?
E(X) = np
What is the formula for the variance of binomial distribution?
Var(X) = np(1-p)
How do you calculate the most likely outcome?
The most likely outcome for X is the value of X which has the highest probability
What is poisson distribution?
It is the probability distribution for the counting of events that occur randomly in a given time interval
What are the conditions for poisson distribution?
Random occurrence of events
Independent events
Uniform average rate of occurrence
How can Poisson distribution be denoted?
X ~ Po(y)
What is the formula for Poisson distribution?
P(X=x) = (e-y * yx) /// x!
What is the relationship between mean and variance in poisson distribution?
In poisson distribution, the mean and variance are almost equal. They both around about equal to the mean rate of occurrence or ‘y’
What is the additive property of Poisson distributions?
X ~ Po(y1)
W ~ Po(y2)
X + W ~ Po(y1 + y2)
What are the rules for cumulative probability calculations?
P(X < x) —> P(X _< x-1)
P(X > x) —> 1 - P(X _< x)
P(X >_ x) —> 1 - P(X _< x-1)
What reason may binomial distribution not be possible?
If number of trials is large
When can binomial distribution be approximated with poisson distribution?
Number of trials is large
Probability of success is small