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Questions and Answers
In a probability distribution, the sum of all probabilities must equal ______.
In a probability distribution, the sum of all probabilities must equal ______.
1
In the given distributions, P(X) is the ______ of X.
In the given distributions, P(X) is the ______ of X.
probability
To find the mean of a probability distribution, you calculate the sum of ______ multiplied by their respective probabilities.
To find the mean of a probability distribution, you calculate the sum of ______ multiplied by their respective probabilities.
values
The probability of 4 out of 7 graduates getting hired follows a ______ distribution.
The probability of 4 out of 7 graduates getting hired follows a ______ distribution.
The variance of a probability distribution measures the ______ of the distribution around the mean.
The variance of a probability distribution measures the ______ of the distribution around the mean.
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Study Notes
Probability Distributions
- A probability distribution is a function that describes the likelihood of obtaining different possible outcomes in an experiment
- Key properties of a probability distribution:
- The probabilities of all possible outcomes must add up to 1
- The probabilities must be between 0 and 1
Determining Probability Distributions
-
Question One a):
- The probabilities for all the outcomes of X add up to 1, so the table represents a probability distribution.
-
Question One b):
- The probabilities for all the outcomes of X add up to 1, so the table represents a probability distribution.
Mean, Variance, and Standard Deviation
- The mean of a discrete probability distribution is the average value of the random variable, weighted by the probabilities of each value
- The variance measures the spread of the distribution. It is the average of the squared deviations from the mean
- The standard deviation is the square root of the variance, indicating the average distance from the mean.
Finding Mean, Variance, and Standard Deviation
- Question Two:
- To find the mean: Multiply each possible outcome by its probability, and sum the results
- To find the variance: Multiply each outcome's probability by the square of the difference between the outcome and the mean, and sum the results
- To find the standard deviation: Take the square root of the variance
The Binomial Probability Distribution
- The binomial distribution is a probability distribution that describes the probability of obtaining a specific number of successes in a sequence of independent trials.
- The trials must have exactly two possible outcomes: success or failure.
- The likelihood of success (p) should remain constant over all the trials.
Finding The Probability of Success
- Question Three:
- The probability of success (p) is 75%
- The probability of failure (q) is 25%
- There are 7 trials (n)
- We need to find the probability of exactly 4 successes (x)
- The formula to calculate this probability is:
(n choose x) * (p^x) * (q^(n-x))
- Where (n choose x) is the binomial coefficient calculated as (n!)/ (x! * (n-x)!)
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