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Introduction to Probability Distribution
By theoretical distribution we mean a frequency distribution which is obtained in relation to a random variable by some mathematical model. The types of such a distribution are:
a.Binomial distribution
b.Poisson distribution
c.Normal distribution etc.
Such distribution are otherwise called probability distribution or expected frequency distribution of a random variable. Which are built up on the basis of previous experience or some theoretical considerations.
A paper mill produces two grades of paper viz., X and Y. Because of raw material restrictions, it cannot produce more than 400 tons of grade X paper and 300 tons of grade Y paper i
The Best Corporation is considering making either minor or major repairs to a malfunctioning production process. When the process is malfunctioning, the percentage of defective it
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Small Sample The central limit theorem does not work well with small samples even if the population in non Gaussian. So we cannot rely on the central limit theorem
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