Probability and Normal Distribution

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• Z-score for Normal Distribution and Continuous Probability

  195140 Z-score for Normal Distribution and Continuous Probability What is the relationship between the Z-score for Normal Distribution and Continuous Probability? Z-score for normal distribution is an example of continuous probability.

• How the following statistical devices can be used in business today?

  For example the monthly return for a particular stock is approximately a normal random variable and the probability distribution for the weekly sales of a corporation might be approximated by a normal probability distribution.

• Probability: Using the Normal Distribution

  In each of these problems you first write the probability statement in terms of X. Then you convert the normal distribution to a standard normal distribution by subtracting the mean and then dividing by the standard deviation.

• Statistics: Probability Distributions, Binomial Distribution

  Solution: Probability can be found directly by looking at take but for normal distribution first we convert to standard distribution and find area under curve.

• Normal probability distribution

  178946 Normal probability distribution characteristics Which of the following is not a characteristic of the normal probability distribution? a. It is a discrete probability distribution. b.

• Binomial distribution

  290178 Binomial Probability Distribution Assume a binomial probability distribution has µ=0.60 and n= 200 a. What is the mean and standard deviation? b.

• Normal Probabilities - Using Z Score

  A normal distribution has a mean of u= 100 and o= 20. if one score is randomly selected from the probability that the score will be less than x= 84? A normal distribution has a mean of u= 40 and o=10.

• Standard Normal Distribution

  = 400 and standard deviation ? = 100 find probability that x is less than 535: P(x < 535) Answer 0.1548 0.3466 0.9115 0.7241 Question 5 For Normal distribution with mean ?

• Explain the difference between a discrete and a continuous random variable.

  See attached This solution provides answers to various questions involving probability including continuous random variables, probability distribution, binomial random variables, binomial distributions, and normal distributions.

• Normal Probability Plots

  (2) Normal Probability plot can often be used to approximate other probability distributions, such as the binomial and Poisson distribution.