Statistics: Continuous Methods

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description

Statistics: Continuous Methods. STAT 452/652. Fall 2008. Lecture 3: Central Limit Effect. (slides only contain intro). Normal distribution. Normal distribution. Normal distribution. 68%. 95%. 99.7%. Central Limit Effect. Summing random variables. B. A. A+B. - PowerPoint PPT Presentation

Transcript of Statistics: Continuous Methods

Page 1: Statistics: Continuous Methods
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Normal densities

Value of random variable

De

nsi

ty

-10 -8 -6 -4 -2 0 2 4 6 8 10

0.0

0.1

0.2

0.3

0.4

0.5

0.6

0.7

Mean= 7, Std=1

Mean= 5, Std=1Mean= 0, Std=1

Mean= 0, Std=0.6

Mean= 0, Std=3

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2400 2450 2500 2550 2600

0.00

00.

006

0.01

2Probability density function

Value of random variable

Pro

babi

lity

Lower-tail probability

Interval probability

Upper-tail probability

2400 2450 2500 2550 2600

0.0

0.4

0.8

Cumulative distribution function

Value of random variable

Pro

babi

lity

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68%

95%

99.7%

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Normal distribution