Probability distributions: binomial, poisson, normal - One Line Questions

1. What is the total area under the curve of any continuous probability distribution, including the Normal distribution? 1
2. A Z-score represents the number of standard deviations a particular data point is away from the mean. For a Standard Normal distribution, what is the Z-score of the mean itself? 0
3. If the average number of accidents at a specific intersection per week is 3 (λ=3), what is the probability of exactly 0 accidents occurring in a given week, according to the Poisson distribution? 0.050
4. In a Binomial distribution with n=10 and p=0.5, what is the probability of getting exactly 5 successes? 0.246
5. The Empirical Rule (or 68-95-99.7 rule) applies to Normal distributions. Approximately what percentage of data falls within one standard deviation of the mean? 68%
6. According to the Empirical Rule, approximately what percentage of data falls within two standard deviations of the mean in a Normal distribution? 95%
7. According to the Empirical Rule, approximately what percentage of data falls within three standard deviations of the mean in a Normal distribution? 99.7%
8. In the context of probability distributions, what is a 'random variable'? A variable whose value is determined by the outcome of a random phenomenon.
9. In probability theory, what does a 'distribution' represent? A function that describes the possible values a random variable can take and their associated probabilities.
10. A company's sales figures are normally distributed with a mean of $50,000 and a standard deviation of $10,000. What is the probability that a randomly selected day's sales will be between $40,000 and $60,000? Approximately 0.68
11. Which distribution is characterized by parameter 'λ' (average rate)? Poisson
12. Which distribution is characterized by parameters 'μ' (mean) and 'σ' (standard deviation)? Normal
13. Which of the following is a key characteristic of a discrete probability distribution? It deals with outcomes that can only take specific, separate values.
14. Which of the following is a key characteristic of a continuous probability distribution? The probability of any single exact value is zero.
15. Which of the following is NOT a characteristic of the Normal distribution? It has a finite range.
16. The Poisson distribution is used to model the number of events occurring in a fixed interval of time or space, given a constant average rate of occurrence. What is the average rate of occurrence denoted by? λ (lambda)
17. The Standard Normal distribution is a special case of the Normal distribution. What are its parameters? Mean = 0, Standard Deviation = 1
18. The Binomial distribution is used to model the number of successes in a fixed number of independent trials, where each trial has only two possible outcomes: success or failure. What is the probability of success in a single trial denoted by? p
19. In a Binomial distribution, if 'p' is the probability of success, what is the probability of failure denoted by? q
20. The Normal distribution is a continuous probability distribution characterized by its bell-shaped curve. What are the two main parameters that define a Normal distribution? Mean (μ) and standard deviation (σ)
21. If a random variable X follows a Binomial distribution B(n, p), and n is very large while p is very small, X can be approximated by which distribution? Poisson distribution
22. What is the variance of a Binomial distribution? npq
23. What is the mean (expected value) of a Binomial distribution? np
24. Which distribution is characterized by parameters 'n' (number of trials) and 'p' (probability of success)? Binomial
25. Which probability distribution is often used to approximate the Binomial distribution when 'n' is large and 'p' is close to 0.5? Normal distribution
26. In the Poisson distribution, what does 'x' or 'k' typically represent? The number of events occurring in the interval.
27. In a Normal distribution, what does the standard deviation (σ) measure? The spread or dispersion of the data around the mean.
28. Which of the following scenarios would be best modeled by a Binomial distribution? The number of defective items in a batch of 100 manufactured units, where each item has a 5% chance of being defective.
29. The formula for the probability mass function (PMF) of a Poisson distribution is P(X=x) = (e^-λ * λ^x) / x!. What does 'e' represent in this formula? Euler's number (approximately 2.71828).
30. Which of the following scenarios would be best modeled by a Poisson distribution? The number of calls received by a call center in a 10-minute interval, with an average rate of 5 calls per interval.
31. Which of the following scenarios would be best modeled by a Normal distribution? The distribution of IQ scores in a large population.
32. What does 'n' represent in the context of a Binomial distribution? The number of trials.
33. Which condition must be met for a Binomial distribution to be a good approximation for a real-world scenario? The trials must be independent, and the probability of success must be constant for each trial.
34. What does 'k' represent in the context of a Binomial distribution? The number of successes.
35. The Central Limit Theorem states that the sampling distribution of the sample mean will approach a Normal distribution as the sample size increases, regardless of the population distribution. This is a fundamental concept for inferential statistics. What is a key requirement for the CLT to hold? The sample size must be sufficiently large (often considered n > 30).
36. When calculating probabilities for a continuous distribution like the Normal distribution, we use the probability density function (PDF). What does the area under the PDF curve between two points represent? The probability that the random variable falls within that range.
37. What is a key assumption for using the Poisson distribution? Events occur independently of each other.
38. The formula for the probability mass function (PMF) of a Binomial distribution is P(X=k) = C(n, k) * p^k * q^(n-k). What does C(n, k) represent? The number of combinations of n items taken k at a time.
39. The Poisson distribution is often used to model rare events. 'Rare' in this context means: The probability of the event is extremely low in any given small interval.
40. The Normal distribution is symmetrical. What does this symmetry imply about the mean, median, and mode? They are all equal.
41. What is the relationship between the variance and the standard deviation of a random variable X? Variance = Standard Deviation^2
42. When can the Poisson distribution be used as an approximation to the Binomial distribution? When n is large and p is small (such that np is a moderate value).
43. The Binomial distribution is appropriate when sampling: With replacement, from a large population.
44. What is the symbol for a value drawn from a Standard Normal distribution? Z
45. For a Poisson distribution, what is the mean (expected value)? λ
46. For a Poisson distribution, what is the variance? λ
47. What is the symbol for the mean of a Normal distribution? μ
48. What is the symbol for the standard deviation of a Normal distribution? σ