Chapter 4 Study Guide
On this test, you should be able to:
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Know the difference between Discrete and Continuous variables p. 194
Create a probability distribution for the possible GAINS/LOSSES for playing a game of chance (in
chart form) Example 7 on page 200
Find the Expected value of the probability distribution Example 7 on page 200
Calculate the mean of a binomial distribution p. 214, Example 8
Calculate the variance of a binomial distribution p. 214, Example 8
Calculate the standard deviation of a binomial distribution p. 214, Example 8
Decide if the experiment would result in a binomial, geometric or Poisson distribution. Explain
how you know. P. 225 like problems 11-16 on page 226
Calculate binomial probabilities
p. 211 Example 5
Calculate geometric probabilities p. 222 Example 1
Calculate Poisson probabilities
p. 223 Example 2