Distribution
Binomial distribution:
X—B (n,p)
-A discrete probability distribution
-A discrete random variable x follows a binomial distribution if it counts the number of successes
n = number of trials
p = probability of success
The probability of failure is 1-p or q
Binomial PDF - P(x = 2)
Binomial CDF - P(x< 2) OR P(x > 2)
Normal Distribution: Draw a curve
X—N (μ, σ²)
-Measurement of continuous data
-It enables you to model many types of data sets from science and society that involve measurements of continuous data
μ = Mean
σ² = Standard deviation
1st Standard Deviation = ( 68% / 0.68 )
2nd Standard Deviation = ( 95% / 0.95 )
3rd Standard Deviation = ( 99.7% / 0.997 )
Normal CDF - Finding the probabilities (Area under the curve)
Inverse Normal - Finding the values if we know the probabilities e.g. lower/upper
When finding any information on the right side do 1-(the answer found)