Probability Distributions, Normal Distribution, Sampling Distribution Flashcards
Discrete Probability Distribution?
table, graph data set that specifies all possible values of a discrete random variable along with their corresponding probabilities
-frequency of something occurring over the total number of data pieces
what to do when finding probabilities of greater than or less than questions?
-add probabilities bellow or above the given value/ variable
Normal Distribution?
- most important distribution
- determined by the parameters of the variance and mean
Is normal distribution continues or discrete?
- continuous
- calculate probabilities that fall within a range of values
What is the reason the probability of X being equal to a specific value is 0 in a continuous distribution?
-a continuous random variable can take on an infinite number of values, therefore the probability of the variable taking a specific value is 0
Characteristics of a normal distribution?
-symmetrical around the mean
-mean median and mode are all equal
-percentage of values falling within 1,2 and 3 standard deviations of the mean is
1 std= 68.3%
2 std= 95.4%
3 std= 99.7%
Variance and spread?
low variance= low spread
high variance= high spread
Graph of 2 normal distributions with different means and the same variances/ std?
-look the exact same due to variance but placed on the graph in different spots due to the different mean values
Graph of 2 normal distributions with the same means and different variances/ std?
-graphs look different, but are surrounded in the same area on the graph due to having the same mean value
Standard Normal Distribution?
z = x-u/σ
- standardize every normal distribution so each has a mean of 0 and a standard deviation of 1 by computing the z score
- from this we can determine probabilities of values from a table created for the standard normal distribtuion
Standard normal distribution mean value and standard deviation value?
mean= 0
standard deviation= 1
-1 to 0 (0-1) is how much of a normal distribution?
50%
Value of the probability of everything under a normal distribution curve?
Equal to 1
Sampling Distribution?
distribution of all possible values of a statistic that can be computed from all samples of the same size randomly drawn from the same population
What 3 things do we want to know about a given sampling distribution?
- mean
- variance
- functional form of the distribution (how its shape looks like)