Some Important Discrete Probability Distributions: Powerpoint To Accompany
Some Important Discrete Probability Distributions: Powerpoint To Accompany
Some Important Discrete Probability Distributions: Powerpoint To Accompany
Chapter 5
Some
important
discrete
probability
distributions
PowerPoint to accompany:
Slide 1
Copyright 2016 Pearson Australia (a division of Pearson Australia Group Pty Ltd) 9781486018956 / Berenson / Basic Business Statistics 4/E
Learning Objectives
2 Copyright 2013 Pearson Australia (a division of Pearson Australia Group Pty Ltd) 9781442549272/Berenson/Business Statistics /2e Slide 2
Copyright 2016 Pearson Australia (a division of Pearson Australia Group Pty Ltd) 9781486018956 / Berenson / Basic Business Statistics 4/E
Random variable
Represents a possible numerical value from an uncertain
event
Random
Variables
Ch. 5 Ch. 6
Discrete Continuous
Random Variable Random Variable
Slide 3
Copyright 2016 Pearson Australia (a division of Pearson Australia Group Pty Ltd) 9781486018956 / Berenson / Basic Business Statistics 4/E
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Examples:
Roll a dice twice. Let X be the number of times 4
comes up; thus X could be 0, 1, or 2 times
Slide 4
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T T X Probability
0 1/4 = 0.25
T H 1 2/4 = 0.50
2 1/4 = 0.25
H T
Probability
0.50
0.25
H H
0 1 2 X
Slide 5
Copyright 2016 Pearson Australia (a division of Pearson Australia Group Pty Ltd) 9781486018956 / Berenson / Basic Business Statistics 4/E
N
= E(X) = X P( X )
i =1
i i
Slide 6
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Slide 7
Copyright 2016 Pearson Australia (a division of Pearson Australia Group Pty Ltd) 9781486018956 / Berenson / Basic Business Statistics 4/E
Example:
Toss two coins, X = # heads, calculate variance and standard
deviation
Recall from slide 6 that E(X) = 1
N
2 = i =1
2
X i P ( X i ) E(X) 2
Slide 8
Copyright 2016 Pearson Australia (a division of Pearson Australia Group Pty Ltd) 9781486018956 / Berenson / Basic Business Statistics 4/E
Applied Activity
X P(X)
0 0.50
1 0.20
2 0.15
3 0.10
4 0.05
Copyright 2013 Pearson Australia (a division of Pearson Australia Group Pty Ltd) 9781442548473/Berenson/Basic Business Statistics/3e Slide 9
Copyright 2016 Pearson Australia (a division of Pearson Australia Group Pty Ltd) 9781486018956 / Berenson / Basic Business Statistics 4/E
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Probability
Distributions
Discrete
Probability
Distributions
Binomial
Poisson
Hypergeometric
Slide 10
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Slide 11
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Slide 12
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Slide 13
Copyright 2016 Pearson Australia (a division of Pearson Australia Group Pty Ltd) 9781486018956 / Berenson / Basic Business Statistics 4/E
Rule of Combinations
n n!
= nC x =
X X! (n X)!
where:
n! =(n)(n - 1)(n - 2) . . . (2)(1)
X! = (X)(X - 1)(X - 2) . . . (2)(1)
0! = 1 (by definition)
Slide 14
Copyright 2016 Pearson Australia (a division of Pearson Australia Group Pty Ltd) 9781486018956 / Berenson / Basic Business Statistics 4/E
n!
P( X ) = p X (1 p)n X
X !(n X )!
Slide 15
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Binomial Probability
Example:
n!
Let x = # customer
P(X = 1) = p X (1 p) n X
X! (n X)!
purchases:
5!
= (0.5) 1 (1 0.5) 51
n=5 1! (5 1)!
p = 0.5
1 - p = (1 - 0.5) = 0.5 = (5)(0.5)(0 .5) 4
X=1
= 0.1562
Slide 16
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P(X) n = 5 p = 0.1
.6
.4
Here, n = 5 and p = 0.1 .2
0 X
0 1 2 3 4 5
P(X) n = 5 p = 0.5
.6
Here, n = 5 and p = 0.5 .4
.2
0 X
0 1 2 3 4 5
Slide 17
Copyright 2016 Pearson Australia (a division of Pearson Australia Group Pty Ltd) 9781486018956 / Berenson / Basic Business Statistics 4/E
Mean
= E(x) = np
Variance and standard deviation
2 = np(1 - p)
= np(1 - p)
Where: n = sample size
p = probability of success
(1 p) = probability of failure
Slide 18
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Slide 19
Copyright 2016 Pearson Australia (a division of Pearson Australia Group Pty Ltd) 9781486018956 / Berenson / Basic Business Statistics 4/E
Copyright 2013 Pearson Australia (a division of Pearson Australia Group Pty Ltd) 9781442548473/Berenson/Basic Business Statistics/3e Slide 20
Copyright 2016 Pearson Australia (a division of Pearson Australia Group Pty Ltd) 9781486018956 / Berenson / Basic Business Statistics 4/E
Applied Activity
For n = 10 and p = 0.60, what is P(X= 7)?
For n = 5 and p = 0.80, what is P(X = 3)?
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Chapter Summary
22 Copyright 2013 Pearson Australia (a division of Pearson Australia Group Pty Ltd) 9781442549272/Berenson/Business Statistics /2e Slide 22
Copyright 2016 Pearson Australia (a division of Pearson Australia Group Pty Ltd) 9781486018956 / Berenson / Basic Business Statistics 4/E
Copyright 2013 Pearson Australia (a division of Pearson Australia Group Pty Ltd) 9781442548473/Berenson/Basic Business Statistics/3e Slide 23
Copyright 2016 Pearson Australia (a division of Pearson Australia Group Pty Ltd) 9781486018956 / Berenson / Basic Business Statistics 4/E
End of Chapter
Slide 24
Copyright 2016 Pearson Australia (a division of Pearson Australia Group Pty Ltd) 9781486018956 / Berenson / Basic Business Statistics 4/E