Difference in discrete & continous probability distribution
Not what you're looking for?
What are the two basic laws of probability? What are the differences between a discrete probability distribution and a continuous probability distribution? Provide at least one example of each type of probability distribution.
Answer
Purchase this Solution
Solution Summary
The difference in discrete and continuous probability distribution is examined.
Solution Preview
1. The multiplicative Law of Probability
The probability of occurrence of one event or another is equal to the sum of their separate probabilities, given a set of mutually exclusive events.
2. The additive Law of Probability
The probability of the joint occurrence of two or more independent events is the product ...
Purchase this Solution
Free BrainMass Quizzes
Balance Sheet
The Fundamental Classified Balance Sheet. What to know to make it easy.
Marketing Research and Forecasting
The following quiz will assess your ability to identify steps in the marketing research process. Understanding this information will provide fundamental knowledge related to marketing research.
Organizational Behavior (OB)
The organizational behavior (OB) quiz will help you better understand organizational behavior through the lens of managers including workforce diversity.
Business Processes
This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.
SWOT
This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.