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Known Probability Distributions

Known Probability Distributions. Engineers frequently work with data that can be modeled as one of several known probability distributions . Being able to model the data allows us to: model real systems design predict results Key discrete probability distributions include: binomial

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243 views • 9 slides

Known Probability Distributions

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Covariance/ Correlation

Covariance/ Correlation. A measure of the nature of the association between two variables Describes a potential linear relationship Positive relationship Large values of X result in large values of Y Negative relationship Large values of X result in small values of Y

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Inspect 25 parts - PowerPoint PPT Presentation

Known Probability Distributions

Known Probability Distributions

Covariance/ Correlation