Answer on Question #60453 – Math – Statistics and Probability
Question
Define the following terms:
(i) Geometric distribution
(ii) Binomial distribution
(ii) Continuous bivariate distribution
Solution
(i) The geometric distribution models the number of failures before one success in a series of independent trials, where each trial results in either success or failure, and the probability of success in any individual trial is constant.
(ii) Binomial distribution is probability distributions for which there are just two possible outcomes with fixed probabilities summing to one.
(iii) The continuous bivariate probability distribution for is a probability distribution that gives the probability that each of falls in any particular range of values specified for that variable.
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