Quantitative Techniques Volume-5 (eBook)

Probability and Probability Distributions: Binomial, Poisson, Hypergeometric, Normal, and Exponential

Category: Quantitative Techniques, Research Methodology

Author: Sharma Narender

Language: English

Format: PDF

Price: INR 150.00

Content Description

Probability

Basic concepts, definition, and importance of probability, probability scale, combination theory of probability, addition and multiplication theorem. Conditional probability; multiplication theorem for dependent events, the combined use of addition and multiplication theorem, Bernoulli’s theorem, Bayes’ theorem.

Probability Distribution

Use of theoretical frequency distributions, types of theoretical frequency distributions. Binomial distribution; definition and formula, assumptions to apply binomial theorem, characteristics and applications. Poisson; assumptions for Poisson distribution, limiting form of binomial distribution, uses, and application of Poisson distribution. Hypergeometric; the assumption, formula, characteristics, and application of hypergeometric distribution. Normal distribution; Introduction, definition, and formula for normal distribution, the shape of the normal curve, assumptions, characteristics, and importance of normal distribution, application of normal distribution, Exponential distributions; introduction, properties, and application of exponential distribution.

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