In: Statistics and Probability
What are the requirements for a probability distribution? Differentiate between a discrete and a continuous random variable. Discuss the requirements for a binomial probability experiment.
Answer)
Requirements for a probability distribution are
1)
Sum of all the probabilities should be equal to 1
2)
Each and every probability should be in between 0 and 1
Discrete random variable takes only finite numbers
For example number of students in a class
There can be 50, 60, 70 or 64 students in a class
We cannot say that there are 64.75544 students
While continuous random variable can take any value in the interval
One example is height
Height can be 6.65488544 feet etc
Requirements for binomial distribution
Answer)
There should be fixed number of trials and probability of each and every trial should be same and independent of each other
Here we need to use the binomial formula
P(r) = ncr*(p^r)*(1-p)^n-r
Ncr = n!/(r!*(n-r)!)
N! = N*n-1*n-2*n-3*n-4*n-5........till 1
For example 5! = 5*4*3*2*1
Special case is 0! = 1
P = probability of single trial
N = number of trials
R = desired success