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What is Normal, Binomial, Poisson and Exponential Distributions with examples. What is Continuous Distributions and Density Functions. What...

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Advance Math

What is Normal, Binomial, Poisson and Exponential Distributionswith examples.

What is Continuous Distributions and Density Functions.

What is Normal density and Standardizing: Z-Values

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1Normal DistributionIn our probability theory the normal distribution is a verycommon continuous probability distribution The normal distributionis sometimes informally called the bell curve and is broadlyutilized in statistics business settings and government entitiessuch as the FDA Its widely recognized as being a grading systemfor tests such as the SAT and ACT in high school or GRE forgraduate studentsExampleFormula ValuesX Value that is being standardized Mean of the distribution Standard deviation of the distributionUse the following formula to convert a raw data value Xto a standard score ZAssuming a specific population has 4 and 2 Forexample finding the probability of the randomly selected valuebeing greater than 6 would resemble the following formulaThe Z score corresponding to X 6 will beZ 1 means that the value of X 6 which is 1 standarddeviation above the meanPoisson Distributionprobability distribution for discrete variables is the Poissondistribution The Poisson distribution is used to determine theprobability of the number of events occurring over a specified timeor space This was named for Simeon D Poisson 1781 1840 FrenchmathematicianExamples of events over space or time number of cells in aspecified volume of fluidnumber of callshour to a help linenumber of emergency room beds filled 24 hoursLike the binomial distribution and the normal distributionthere are many Poisson distributionsEach Poisson distribution is specified by the average rateat which the    See Answer
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