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Vocabulary practice flashcards covering discrete and continuous random variables, expected value, standard deviation, density curves, uniform distributions, the Empirical Rule, and normal distribution calculations.
Discrete Random Variable
A random variable that takes a countable number of distinct values with gaps between them.
Discrete Probability Distribution
A model that lists all possible values of a discrete random variable along with their corresponding probabilities, where all individual probabilities are between 0 and 1, and their sum is equal to 1.
Expected Value of a Discrete Random Variable (μX)
The mean or long-run average outcome of a random variable after repeating a chance process many times, calculated as μX=∑xi⋅P(xi).
Standard Deviation of a Discrete Random Variable (σX)
A measure of variability representing the typical distance that outcomes of a discrete random variable vary from the mean μX, calculated as σX=∑(xi−μX)2⋅P(xi).
Continuous Random Variable
A random variable that can take on any value across a continuous interval, having an infinite number of possible values with no gaps between them.
Uniform Distribution
A continuous probability distribution where every outcome across a specific interval has an equal likelihood, resulting in a constant height and a rectangular density curve.
Probability Density Curve
A mathematical curve that models the distribution of a continuous random variable, where the total area underneath the curve is exactly equal to 1 (or 100%) and the area over any specific interval represents the probability of that interval.
Percentile in a Continuous Distribution
A specific value on the horizontal axis of a probability density curve such that a designated percentage of the total area under the curve lies at or below that value.
Mean vs. Median in a Symmetric Distribution
The relationship in a bell-shaped or balanced symmetric distribution where the center of balance and the equal-area point align, resulting in mean≈median.
Mean vs. Median in a Skewed Right Distribution
The relationship in a right-skewed distribution where unusually large values in the long right tail pull the center of balance upward, making mean>median.
Mean vs. Median in a Skewed Left Distribution
The relationship in a left-skewed distribution where unusually small values in the long left tail pull the center of balance downward, making mean<median.
Normal Distribution
A continuous, bell-shaped, and symmetric density curve specified entirely by its mean (μ) and standard deviation (σ), denoted as N(μ,σ).
Empirical Rule (68-95-99.7 Rule)
A property of approximately normal distributions stating that roughly 68% of observations lie within 1 standard deviation of the mean (μ±1σ), roughly 95% lie within 2 standard deviations (μ±2σ), and roughly 99.7% lie within 3 standard deviations (μ±3σ).
Standard Normal Distribution
A special normal distribution where the mean is 0 and the standard deviation is 1, denoted as N(0,1).
z-score (Standardized Score)
A standardized value indicating how many standard deviations a raw data value x falls above or below the population mean μ, calculated using the formula z=σx−μ.
Inverse Normal Calculation (Boundary Value)
The process of identifying a cutoff value x given a specified area or percentile under a normal curve by first identifying the corresponding z-score and then solving for x in the formula z=σx−μ.