Probability Distributions and Random Variables Flashcards
Binomial Distribution
How many parameters does it have and what are they?
What three things can be said about the Binomial distribution?
The Binomial Distribution has two parameters:
1) Number of trials, n.
2) Probability of outcome occurring, P.
1) The underlying probability experiment has two possible outcomes.
2) Probability P does not change between trials.
3) Distribution appropriate for any value of P between 0 and 1.
What is a random variable?
A random variable is a variable whose value or outcome is the result of chance and is therefore unpredictable, although the range of possible outcomes and the probability of each outcome may be known.
The Normal Distribution
When does it arise?
What five things can be said about the Normal Distribution?
The normal distribution tends to arise when a random variable is the result of many independent random influences added together, none of which dominates the others.
1) It applies to continuous random variables such as height - Can be evaluated for any values of x.
3) Unimodal - single central peak.
4) Symmetric
5) Bell-shaped
5) Y-axis labelled f(x) - area under curve represents probability.
How many parameters does the normal distribution have and what are they?
The normal distribution has two paramaters:
1) Mean, μ
2) Standard Deviation, σ
What is the mean and variance of the standard normal distribution?
Mean = 0 Variance = 1
What is a z-score?
The z-score is used to transform data so that they accord with the standard normal distribution by shifting the original distribution μ units to the left and adjusting dispersion by dividing through by σ, resulting in a mean of 0 and variance of 1.
The sample mean is normally distributed under what condition?
As long as observations are independently drawn, the sample mean is normally distributed.
Sampling from a non-normal distribution
What is the Central Limit Theorem?
At what point is the approximation said to appropriate?
The mean of a random sample drawn from a population with mean, μ and variance, σ (squared), has a sampling distribution which approaches a normal distribution as the sample size approaches infinity.
Approximation is appropriate if n > 25.
The Poisson Distribution
When is it used?
1) Used when P is very small and nP is less than 5.
2) Used to approximate binomial.
3) Used in problems where events occur over time.
4) Used when n and P cannot be identified separately.