Module IV: Statistical Techniques – II – All Important Formulas
1. Basic Probability Laws
Addition Law
Multiplication Law
Conditional Probability
Bayes’ Theorem
2. Random Variables
Discrete Random Variable – Probability Mass Function (PMF)
Continuous Random Variable – Probability Density Function (PDF)
Cumulative Distribution Function (CDF)
3. Expectation and Variance
Expectation
Variance
Standard Deviation
4. Discrete Probability Distributions
Binomial Distribution
Poisson Distribution
5. Continuous Probability Distribution
Normal Distribution
Standard Normal Variate
Properties
- Symmetric about
- Mean = Median = Mode =
- Total area under the curve = 1