Week 6 Binomial and Poisson Distributions Flashcards
What is the binomial distribution used for?
When you have a fixed number of independent trials, each with two possible outcomes (success or failure)
The binomial distribution is applicable in scenarios like flipping a coin multiple times or conducting a survey with yes/no responses.
What type of distribution is used for rare events over a fixed interval?
Poisson distribution
The Poisson distribution is typically used for modeling the number of events in a fixed interval of time or space.
What is the key parameter of the Poisson distribution?
Lambda (λ), which represents the average number of events in an interval
Lambda is crucial in defining the shape of the Poisson distribution.
True or False: The normal distribution is symmetric and bell-shaped.
True
The normal distribution is characterized by its symmetry around the mean and its bell-like shape.
What are the two parameters of a normal distribution?
Mean (μ) and standard deviation (σ)
These parameters determine the center and the spread of the normal distribution.
Fill in the blank: The Central Limit Theorem states that the distribution of the sample means approaches a _______ distribution as the sample size increases.
normal
This theorem is fundamental in statistics because it justifies the use of normal distribution in many statistical procedures.
What is the significance of the Central Limit Theorem in statistics?
It allows for the approximation of the sampling distribution of the sample mean by a normal distribution
This is particularly useful when dealing with large sample sizes, regardless of the original population distribution.