WEEK 6 Flashcards

(6 cards)

1
Q

What is a binomial distribution

A

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

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2
Q

Conditions of binomial distribution

A
  1. There are only two outcomes (success/failure)
  2. There are a fixed number of trials (n)
  3. Each trial is independent
  4. The probability of success (p) stays the same each time
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3
Q

A binomial distribution is denoted as X~B(n, p). What does the ‘n’ and the ‘p’ represent?

A

n = the number of independent trials
p = the probability of success in each trial

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4
Q

What is a normal distribution

A

A normal distribution is a bell-shaped probability distribution that is symmetrical about its mean with
equal measures of centre (mean, median, mode)

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5
Q

How is a normal distribution denoted

A

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.

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6
Q

What is the standard normal distribution

A

A standard normal distribution has a mean of 0 and a variance of 1.

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