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Q: Can the mean of probability distribution be a negative number?
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What is the definition of skewed distribution?

Probability distribution in which an unequal number of observations lie below (negative skew) or above (positive skew) the mean.


What is the significance of the mean of a probability distribution?

The significance of the mean of a probability distribution is that it is the most probably thing to happen. The mean is the average of a set of values. If it is the average of a probability distribution, it is the most probable part.


The mean of a binomial probability distribution can be determined by multiplying?

The mean of a binomial probability distribution can be determined by multiplying the sample size times the probability of success.


What is The mean of a discrete probability distribution is also called the?

The mean of a discrete probability distribution is also called the Expected Value.


What is a probability distribution for rolling 3 dice?

The answer depends on the probability distribution of WHAT variable. The variable could be the sum or the product of the three numbers, the maximum, minimum, the mean, median, number of 3s, number of primes, and so on.


What is downside probability?

This is a very simple statistic to comprehend and to calculate. It takes the frequency distribution method of calculating probability. The statistic is calculated as This statistic is simple to interpret as well. What it calculates is the probability of the portfolio to get a negative return. It can be comprehended that a higher figure would mean a higher probability of fund to do give negative returns.


What are mean and variance of negative binomial distribution by conclusion?

what is meant by a negative binomial distribution what is meant by a negative binomial distribution


What is Normal of probability distribution?

with mean and standard deviation . Once standardized, , the test statistic follows Standard Normal Probability Distribution.


The mean of a standard normal probability distribution?

Zero.


What is the difference between the normal distribution and Poisson distribution?

The normal distribution is a continuous probability distribution that describes the distribution of real-valued random variables that are distributed around some mean value.The Poisson distribution is a discrete probability distribution that describes the distribution of the number of events that occur within repeated fixed time intervals, where the mean frequency is a known value, and each interval is independent of the prior interval(s)/event(s).


The F-distribution is symetrical around mean zero True or False?

The F-distribution is either zero or positive, so there are no negative values for F. This feature of the F-distribution is similar to the chi-square distribution. The F-distribution is skewed to the right. Thus this probability distribution is nonsymmetrical.


Is the uniform probability distribution is symmetric about the mean and median?

yes