Statistics for Managers Using Microsoft Excel Chapter 6 The Normal Distribution and Other Continuous Distributions Statistics for Managers Using Microsoft Excel Chap 3-1 Tongji University School of Economics Management
Statistics for Managers Using Microsoft Excel Chap 3-1 Tongji University School of Economics & Management Chapter 6 The Normal Distribution and Other Continuous Distributions Statistics for Managers Using Microsoft Excel
Learning Objectives In this chapter,you will learn: To compute probabilities from the normal distribution >To compute probabilities from the uniform distribution. To compute probabilities from the exponential distribution Statistics for Ma agers Using Microsoft Excel Chap 6-2
Statistics for Managers Using Microsoft Excel Chap 6-2 Learning Objectives In this chapter, you will learn: To compute probabilities from the normal distribution. To compute probabilities from the uniform distribution. To compute probabilities from the exponential distribution
Probability Distributions Probability Distributions Ch.5 Discrete Continuous Ch.6 Probability Probability Distributions Distributions Binomial Normal Poisson Uniform Hypergeometric Exponential Statistics for Managers Using Microsoft Excel Chap 6-3
Statistics for Managers Using Microsoft Excel Chap 6-3 Probability Distributions Continuous Probability Distributions Binomial Hypergeometric Poisson Probability Distributions Discrete Probability Distributions Normal Uniform Exponential Ch. 5 Ch. 6
Continuous Probability Distributions >A continuous random variable is a variable that can assume any value on a continuum (can assume an uncountable number of values) ●thickness of an item time required to complete a task o temperature of a solution ●height These can potentially take on any value,depending only on the ability to measure precisely and accurately. Statistics for agers Using Microsoft Excel Chap 6-4
Statistics for Managers Using Microsoft Excel Chap 6-4 Continuous Probability Distributions A continuous random variable is a variable that can assume any value on a continuum (can assume an uncountable number of values) thickness of an item time required to complete a task temperature of a solution height These can potentially take on any value, depending only on the ability to measure precisely and accurately
Continuous Probability Distributions >There are many types of continuous probability distributions Bell Shaped Constant Exponential Probability Probability Probability Distribution Distribution Distribution Statistics for Managers Using Microsoft Excel Chap6-5 Chap6-5
Statistics for Managers Using Microsoft Excel Chap 6-5 Continuous Probability Distributions There are many types of continuous probability distributions Chap 6-5 Bell Shaped Probability Distribution Constant Probability Distribution Exponential Probability Distribution