Week 6 Binomial and Poisson Distributions Flashcards

1
Q

What is the binomial distribution used for?

A

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.

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2
Q

What type of distribution is used for rare events over a fixed interval?

A

Poisson distribution

The Poisson distribution is typically used for modeling the number of events in a fixed interval of time or space.

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3
Q

What is the key parameter of the Poisson distribution?

A

Lambda (λ), which represents the average number of events in an interval

Lambda is crucial in defining the shape of the Poisson distribution.

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4
Q

True or False: The normal distribution is symmetric and bell-shaped.

A

True

The normal distribution is characterized by its symmetry around the mean and its bell-like shape.

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5
Q

What are the two parameters of a normal distribution?

A

Mean (μ) and standard deviation (σ)

These parameters determine the center and the spread of the normal distribution.

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6
Q

Fill in the blank: The Central Limit Theorem states that the distribution of the sample means approaches a _______ distribution as the sample size increases.

A

normal

This theorem is fundamental in statistics because it justifies the use of normal distribution in many statistical procedures.

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7
Q

What is the significance of the Central Limit Theorem in statistics?

A

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.

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