Normal and Binomial Distribution Flashcards

1
Q

What is normal distribution?

A

A suitable model to calculate probabilities if these conditions are met:
The data is continuous
The distribution is symmetrical and bell shaped
The mode median and mean are appproximately the same

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2
Q

How to calculate the number of standard deviations form the mean

A

Number of standard deviations from the mean= value-mean /standard deviation

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3
Q

What is a probability distribution?

A

A list of all the possible outcomes together with their probabilities

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4
Q

What is binomial distribution?

A

A suitable model to calculate probabilities if these conditions are met:
The number of trials are fixed
Trials are independent
There are two possible outcomes for each trial (success and failure)

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5
Q

Binominal distribution notation

A

B(n,p) to denote a binomial distribution with n= number of trials and p= probability of success (q= probability of failure)

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6
Q

Mean of binominal distribution

A

mean of B(n,p) is np

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