RULES FOR PROBABILITY DISTRIBUTIONS

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4 Terms

1
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Binomial

2 possible outcomes

Fixed number of trials

Probability constant

Events are independent

2
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Poisson

Cannot occur simultaneously

Occurs randomly

Fixed time period

Events are independent

3
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Normal

Symmetrical

Continuous

Mean centred

Events are independent

4
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Rectangular/Triangular

Continuous

Fixed time period

Events are independent