UNIT 6 Flashcards
Discrete Random Variable
A discrete random variable takes a fixed set of possible values with gaps between.
Continuous Random Variable
A continuous random variable takes on any value in an interval of values so there are infinitely many values. The probability distribution is described by a density curve.
The probability of each individual
outcome is 0. Only an interval of values will have a numerical (other than 0) probability.
Interpreting the Expected Value
mean
The mean/expected value of a random variable is the long-run average outcome of a random phenomenon carried out a very large number of
times.
Conditions of a Binomial
Distribution
- Binary? Trials can be classified as success/failure
- Independent? Trials must be independent.
- Number? The number of trials must be determined in advance.
- Success? The probability of success (p) must be the
Conditions of a Geometric
Distribution
- Binary? Trials can be classified as success/failure
- Independent? Trials must be independent.
- Trials? The goal is to count the number of trials until the first success occurs.
- Success? The probability of success (p) must be the same for each trial.
Binomial Distribution
Calculator Usage
Exactly 5: P(X = 5) →Binomialpdf(n,p,5)
At most 5: P(X ≤ 5) →Binomialcdf(n,p,5)
Less than 5: P(X <5) →Binomialcdf(n,p,4)
At least 5: P(X ≥5) →1 - Binomialcdf(n,p,4)
More than 5: P(X >5) →1 - Binomialcdf(n,p,5)
10% rule
When taking an SRS of size n from a population of size N, we can sample without replacement (violating the independence condition) as long as we sample less than 10% of the population.