Probability is concerned with interpreting and comprehending life’s random events. Randomness and uncertainty are present in our everyday lives and every field of research, engineering, and technology ...

The first distribution we'll examine is the Bernoulli which is associated with experiments which have only 2 possible outcomes. These are also called (by people in the know) binary trials. It might ...

Remember the goal of probability modeling. We are assuming a probability distribution for our population as a way of parsimoniously characterizing it. In fact, the normal distribution only requires ...