Samples vs. Distributions Distributions: Discrete Random Variable Distributions: Continuous Random Variable Another Situation: Sample of Data
Distributions, Continuous (material continues) ab fX(x)fX(x) x x fX(x)fX(x) Probability given by height. Probability given by area. Probability Distributions. Continuous Random Variables: page 18 IT C
Distributions, Continuous Probability can also be given by cumulative functions. Business applications require the use of both types of probability information. (material continues) Probability Distributions. Continuous Random Variables: page 19 IT C