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Probability distribution: For the discrete random variable, a mathematical formula which provides the probability of each value of variable. See, for instance, binomial distribution and Poisson distribution. For the continuous random variable, a curve described by the mathematical formula which specifies, by way of area under the curve, the probability which the variable falls within the particular interval. Examples comprise the normal distribution and the exponential distribution. In both the cases the term probability density might also be used. (A distinction is sometimes made among 'density' and 'distribution', when the latter is reserved for probability that the random variable comes below some value. In this dictionary, though, the latter will be termed the cumulative probability distribution and the probability distribution and probability density both are used synonymously.
Laplace distribution : The probability distribution, f(x), given by the following formula Can be derived as the distribution of the difference of two independent random var
Half-normal plot is a plot for diagnosing the model inadequacy or revealing the presence of outliers, in which the absolute values of, for instance, the residuals from the multipl
Assume that a population is normally distributed with a mean of 100 and a standard deviation of 15. Would it be unusual for the mean of a sample of 20 to be 115 or more?
The results of a survey determined whether the age of a driver 21 years and older has any effect on the number of motor vehicle accidents in which he/she is involved. Question 1:
An investor with a stock portfolio sued his broker, claiming that a lack of diversification in his portfolio had led to poor performance. The data, shown below, are the rates of re
Geographical information system (gis): The software and hardware configurations through which the digital georeferences are processed and displayed. Used to recognize the geograph
You and your team have been hired as strategic consultants by the hugely successful retailer known as “Cutie Pie”. The company sells many products, although one product in particul
Minimization is the method or technique for allocating patients to the treatments in clinical trials which is usually the acceptable alternative to random allocation. The procedur
Atomistic fallacy : A fallacy which arises because of the association between two variables at the individual level might vary from the association between the same two variables m
Buffon's needle problem : A problem proposed and solved by the scientist Comte de Buffon in 1777 which includes determining the probability, p, which a needle of length l will inte
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