Skip to main content

Posts

Showing posts with the label Poisson Distribution

Basic Statistics Lecture #3: Normal, Binomial, and Poisson Distributions

As I have mentioned last time , the uniform continuous distribution is not the only form of continuous distribution in statistics.  As promised, here are the three most common continuous distribution types.  As a side note, all sampling distributions are relative to the algebraic mean. Normal Distribution: I think most people are familiar with the concept of a normal distribution.  If you've ever seen a bell curve, you've seen the normal distribution.  If you've begun from the first lecture of this lecture series, you've also seen the normal distribution. This type of distribution is where the data points follow a continuous curve, is non-uniform, has a mean (algebraic average) equal to the median (the exact middle value), falls from highest probability at the mean to (for all practical purposes) zero as the x-values approach $\pm \infty$, and therefor has equal number of data points to the left and to the right of the mean, and has the domain...