Discrete Probability Distributions - Business Statistics - Lecture Slides, Slides of Business Statistics

Download Discrete Probability Distributions - Business Statistics - Lecture Slides and more Slides Business Statistics in PDF only on Docsity! 1 Probability Distributions Continuous Probability Distributions Binomial Poisson Probability Distributions Discrete Probability Distributions Normal Uniform Discrete Probability Distributions • A discrete random variable is a variable that can assume only a countable number of values Many possible outcomes: – number of complaints per day – number of TV’s in a household – number of rings before the phone is answered Only two possible outcomes: – gender: male or female – defective: yes or no 2