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picture1_Statistics Powerpoint 69157 | Statistics 7 Bernoulli&binomialdistributions


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File: Statistics Powerpoint 69157 | Statistics 7 Bernoulli&binomialdistributions
statistics and data analysis part 7 discrete distributions bernoulli and binomial 2 32 part 7 bernoulli and binomial distributions probability distributions convenient formulas for summarizing probabilities we use these to ...

icon picture PPTX Filetype Power Point PPTX | Posted on 29 Aug 2022 | 3 years ago
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           Statistics and Data Analysis
               Part 7 – Discrete Distributions:
                              Bernoulli and Binomial
2/32                                    Part 7: Bernoulli and Binomial Distributions
                  Probability Distributions
      Convenient formulas for summarizing probabilities
      We use these to build descriptions of random events
         Discrete events: Usually whether or not, or how many times
         Continuous ‘events:’ Usually a measurement
      Two specific types:
         Whether or not something (random) happens: Bernoulli
         How many times something (random) happens: Binomial
3/32                                     Part 7: Bernoulli and Binomial Distributions
                 Elemental Experiment
             Experiment consists of a “trial”
             Event either occurs or it does not
             P(Event occurs) = θ, 0 < θ < 1
             P(Event does not occur) = 1 - θ
4/32                                Part 7: Bernoulli and Binomial Distributions
                         Applications
              Randomly chosen individual is left handed: 
               About .085 (higher in men than women)
              Light bulb fails in first 1400 hours. 0.5 
               (according to manufacturers)
              Card drawn is an ace.  Exactly 1/13
              Child born is male.  Slightly > 0.5
              Borrower defaults on a loan. Modeled.
              Manufactured part has a defect.  P(D).
5/32                                     Part 7: Bernoulli and Binomial Distributions
              Binary Random Variable
          Event occurs               X = 1
          Event does not occur  X = 0
          Probabilities:        P(X = 1) = θ
                                       P(X = 0) = 1 - θ
6/32                                   Part 7: Bernoulli and Binomial Distributions
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...Statistics and data analysis part discrete distributions bernoulli binomial probability convenient formulas for summarizing probabilities we use these to build descriptions of random events usually whether or not how many times continuous a measurement two specific types something happens elemental experiment consists trial event either occurs it does p occur applications randomly chosen individual is left handed about higher in men than women light bulb fails first hours according manufacturers card drawn an ace exactly child born male slightly borrower defaults on loan modeled manufactured has defect d binary variable x...

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