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On a Verification of Employment, How do you answer Probablity of continued employment?
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Is the Poisson probability distribution discrete or continuous?
The Poisson distribution is discrete.
What are the Similarities of discrete probability distribution and continuous probability distribution?
They are probability distributions!
The binomial and Poisson distributions are examples of discrete probability distributions?
discrete & continuous
When a continuous probability distribution is used to approximate a discrete probability distribution what value is added or subtracted?
Half the discrete unit.
How does a discrete probability distribution differ from a continuous probability distribution?
A discrete probability distribution is defined over a set value (such as a value of 1 or 2 or 3, etc). A continuous probability distribution is defined over an infinite number of points (such as all values between 1 and 3, inclusive).
Is the binominal probability discrete or continuous?
The binomial probability distribution is discrete.
Is the Poisson probability distribution discrete or continuous?
The Poisson distribution is discrete.
What are the Similarities of discrete probability distribution and continuous probability distribution?
They are probability distributions!
Is normal distribution a discrete probability?
No. Normal distribution is a continuous probability.
The binomial and Poisson distributions are examples of discrete probability distributions?
discrete & continuous
When a continuous probability distribution is used to approximate a discrete probability distribution what value is added or subtracted?
Half the discrete unit.
How does a discrete probability distribution differ from a continuous probability distribution?
A discrete probability distribution is defined over a set value (such as a value of 1 or 2 or 3, etc). A continuous probability distribution is defined over an infinite number of points (such as all values between 1 and 3, inclusive).
Does empirical rules always apply to discrete probability distribution?
the empirical rules of probablility applies to the continuous probability distribution
What is the difference between a discrete and a continuous probability function?
A discrete random variable (RV) can only take a selected number of values whereas a continuous rv can take infinitely many.
What to do when a continuous probability is used to approximate a discrete probability distribution?
You may need to make a continuity correction - see statistical text books for details.
What is discrete probability and what role could it play in your work environment?
Discrete probability is probability in the context of random variables that can only take a discrete number of values. In the work environment there are some events that can have discrete outcomes and others that are continuous. For example, the number of customers in a day (or month) is a discrete variable. The amount that each one spends on your products is discrete. But the time interval between them is not. So the role that any kind of probability could play depends on what you wish to study.
Is manufacturing a discrete or continuous?
Some manufacturing is discrete, some continuous.
