A listing of all the outcomes of an experiment and the probability associated with each outcome
Probability distribution
What are the three characteristics of a probability outcome
A variable measured or observed as the result of an experiment. By chance, the variable can have different values.
Random variable
A random variable that can assume only certain clearly separated values
Discrete random variable
What 4 requirements make a binomial probability experiment
What is the formula for the mean of binomial distribution
µ=nΠ
Two requirments for the hypergeometric distribution
Characteristics of a Hypergeometric probability experiment
For a binomial distribution, state the meaning of the letters in the formula
C=combination formula
n is the number of trials
x is the random variable
π = probability
For a hypergeometric distribution, state the meaning of the letters in the formula
N is the size of the population
S is the number of successes is the population
x is the number of successes in the sample (0,1,2,3,4…)
n is the size of the sample or the number of trials
C is the symbol for combination
Describes the number of times some event occurs during a specified interval
Poison Probability
Characteristics of a poison probability experiment
With a Poisson distribution, what is the relationship between the mean and variance
They are equal