100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Binomial Probabilities and Poisson Distributions $7.49
Add to cart

Class notes

Binomial Probabilities and Poisson Distributions

 1 view  0 purchase

Overview of binomial probabilities and poisson distribution, with examples.

Preview 2 out of 5  pages

  • November 15, 2024
  • 5
  • 2024/2025
  • Class notes
  • Dina rady
  • All classes
All documents for this subject (13)
avatar-seller
zdovel29
Tuesday, 10/8

➢ Binomial probability distribution example-a waitress notices the probability of a
customer leaving a tip is 0.5. With six diners, make a binomial probability distribution
showing the probabilities that 0, 1, 2, 3, 4, 5, and all 6 diners will leave a tip.
→ N = 6, p = 0.5, q = 0.5
→ Where n is the number of trials, p is the probability of success, and q is the
probability of failure(1-p)

r P(r)
0 0.016
1 0.094
2 0.234
3 0.312
4 0.234
5 0.094
6 0.016



0.3
0.2
0.1




0 1 2 3 4 5
→ 6

, → Formula:
→ If p = 0.20 for example, graph will be skewed right; if p>0.5, the graph will be
skewed left



➢ µ = np: expected number of = successes for r
➢ δ = √npq

➢ Find mean(µ) and standard deviation(δ) for data from earlier example
→ µ = 6 * 0.5 = 3
→ δ = √6 * 0.5 * 0.5 = √1.5 = 1.22



Guided Exercise

➢ Tashika makes 80% of free throw attempts(probability = 0.80)
→ Out of 6 free throws, what is the expected number(µ)of free throws Tashika will
make?
→ For six trials, what is the standard deviation?



→ Mean: µ = 6 * 0.8 = 4.8
→ Standard deviation: δ = √6 * 0.8 * 0.2 = √0.96 = 0.98
→ So, we expect Tashika to make 5 out of 6 free throws(rounding up from 4.8)



Guided Exercise 2

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller zdovel29. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $7.49. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

50064 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$7.49
  • (0)
Add to cart
Added