WEEK 6 Flashcards
(6 cards)
What is a binomial distribution
A binomial distribution shows the probability of getting a certain number of successes in a fixed number of independent trials, where each trial has only two possible outcomes:
Success or Failure
Conditions of binomial distribution
- There are only two outcomes (success/failure)
- There are a fixed number of trials (n)
- Each trial is independent
- The probability of success (p) stays the same each time
A binomial distribution is denoted as X~B(n, p). What does the ‘n’ and the ‘p’ represent?
n = the number of independent trials
p = the probability of success in each trial
What is a normal distribution
A normal distribution is a bell-shaped probability distribution that is symmetrical about its mean with
equal measures of centre (mean, median, mode)
How is a normal distribution denoted
X ~ N(μ, σ2)
The mean μ is the central point of the distribution and the standard deviation σ measures the spread of
data around the mean.
What is the standard normal distribution
A standard normal distribution has a mean of 0 and a variance of 1.