Distributions*

Cards (10)

  • Uniform distribution: All events have equal probability.
  • Var(X) = E(X^2) - E(x))^2
  • Normal distribution takes the form?
    X~N(Mean, Variance)
  • If X has mean m and variance v, then Z=(X-m)/v follows a standard normal distribution.
  • In a normal distribution, 68% of values are within 1 standard deviation of the mean.
  • In a normal distribution, 95% of values are within 2 standard deviations of the mean.
  • In a normal distribution, 99.7% of values are within 3 standard deviation of the mean.
  • Why would you use the inverse function for a normal distribution?
    To find the value of a random variable that corresponds to a specific probability.
  • Sample mean standard deviation?
    Standard deviation / Root of number of samples
  • For a normal approximate from a binomial distribution to be "accurate":
    n > max(16p/q , 16q/p)
    Or just over 50.