Take on any value inside an interval (bounded or unbounded)
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Probability Density Function
Characterized by the graph of a smooth continuous function f(x) satisfying 1) the total area under the curve f(x) and above the x-axis is equal to 1 and 2) f(x) ≥ 0, for all possible values of x.
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RV has a higher chance of taking values near --- than near ---.
x;y
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Probability is always represented by…
the area under the curve.
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Continuous Uniform Distribution
Defines equal probability over a given range. Rectangular distribution.
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Normal Distribution
The most important of all the distributions.
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Properties of Normal Distribution
Symmetric about the mean. Different mean and standard deviation corresponds to different distribution.
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The smaller the standard deviation…
the narrower the curve.
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A change in the standard deviation causes a change in…
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