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23 Cards in this Set

  • Front
  • Back

What are the three types of probability?

Subjective (personal; opinions)


Empirical (based off of formulas)


Experimental (results of a random experiment)

True or False? If you generate 10 random digits, each integer between 0-9 must occur exactly once.

False. In the short run, probabilities can fluctuate a lot.

If P(A) and P(B) are INDEPENDENT, what is the probability of P(A and B)?

P(A and B) = P(A) x P(B)

If P(A) and P(B) are DEPENDENT, what is the probability of P(A and B)?

P(A and B) = P(A I B) x P(B) = P(B I A) x P(A)

How would you verify that the given probabilities provide a legitimate distribution?

All of the values are between 0 and 1, and that they all add up to exactly 1.

How is the mean of a discrete probability distribution found?

u=SUM(x1) x P(x1) + . . . .

A normal distribution is often used for continuous or discrete random variables?

Continuous

Which two parameters define the normal distribution?

Mean (u, mu) and Standard Deviation (o, sigma)

What is the interpretation of the z-score?

how many std. dev. an observation falls from the mean

What kind of distribution is used for discrete variables?

Binomial distribution

What are the conditions required for a Binomial Distribution? (4)

-A fixed number of trials, n


-Each trial has two possible outcomes


-The probability of success, p, is the same for each trial


-The trials are independent

A p of 0.5 in a binomial distribution will result in what shape of the graph?

Symmetric

A p<0.5 will skew the binomial distribution which way?

Right; thus, a p>0.5 will skew left

How do you find the mean of a binomial distribution? Standard Deviation?

Mean = np




Std. Dev. = sqrt[np(1-p)]

There are three types of distributions, name them.

Population


Sample


Sampling

Describe a population distribution?

Almost never observed. We learn about this from sample distributions.

Describe a Sample Distribution (aka Data Distribution)

Consists of the sample data that you actually observe and analyze. Should resemble the population distribution

Describe the Sampling distribution.

Describes the long-run behavior of the statistic.


Specifies probabilities for all possible values of the statistic for a sample of a given size.



How can you tell if the sampling distribution of the sample proportion will be approx normal?

If np>15 AND n(1-p)>15

What are the Central Limit Theorem Assumptions? (4)

Randomization Condition - data are randomly obtained


Independence - samples values must be indep.


10% Condition - The sample size is no more than 10% of the population.


Sample Size Assump - Large enough to expect at least 15 successes and 15 failures

The population mean of a sampling distribution is denoted as ? And is found how?

u(mu); with std. dev. of o(sigma)




X (x-bar) mean of observations in SRS of size, n, from a population with a mean of mu




*basically the means are the same

How do you find the standard deviation of the sampling distribution?

sigma(x) = sigma(pop)/sqrt(n)

What kind of distribution is used for the CLT?

Normal Distribution