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Chapter 7: Continuous Probability Distribution (Uniform Distribution…
Chapter 7: Continuous Probability Distribution
Uniform Distribution
Characteristics
It is rectangular in shape and is defined by minimum and maximum values
Formula
Standard Deviation
Uniform Distribution
Mean
Normal Probability Distribution
Characteristic
Bell-shaped
Mean is symmetrical
Asymptotic
Arithmetic Mean, Median, and Mode are equal
Probability Density
Formula
Standard Normal Probability Distribution
Characteristic
Called as the z-distribution
A normal distribution with a mean of 0 and a standard deviation of 1
Formula
Normal Approximation to Binomial
Continuity Correction Factor
The value of 0.5 subtracted or added depending on the problem
Empirical Rule