Chapter 5 Flashcards
(6 cards)
1
Q
is a variable whose values are determined by chance.
A
random variable (X)
2
Q
is a random variable who’s possible values can be listed
A
discrete random variable
3
Q
can assume any values on an interval
A
continuous random variable
4
Q
is composed of the values that the random variable can assume and the probability that is assumes those values.
A
discrete probability distribution
5
Q
is the long run average squared distance that it is from its mean it is computed.
A
variance of a random variable
6
Q
Binomial experiment satisfies these things:
A
- there is a fixed number of trials
- each trial has 2 possible outcomes, generally called “success” or “failure” or S or F for short
- trials are independent
- the probability of success is the same for trials