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7 Cards in this Set
- Front
- Back
What are the rules for a discrete probability distribution?
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Sum of table entries = 1.00
No item has a negative probability. |
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What is another name for an expected value?
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The mean.
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What is the basic definition of an expected value?
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The sum of y * P(y)
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Simply the expected value
E(200 + 100y) |
200 + 100*E(y)
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What are the three discrete distributions?
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Nomial (bi, negative, multi)
Hypergeometric (w/o replacement) Poisson |
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What is the purpose of a negative binomial?
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To find the Nth successful outcome observed.
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What are the continuous probability distributions?
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Normal, uniform, exponential
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