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What is lambda in statistics?
Lamdba (like most Greek letters in statistics) usually denotes a parameter of a distribution (usually of Poisson, gamma or exponential distributions). This will specify the entire distribution and allow for numerical analysis of the probability generating, moment generating, probability density/mass, distribution and/or cumulant functions (along with all moments), as and where these are defined.
How do you give the probability of a sum?
You find the event space for the random variable that is the required sum and then calculate the probabilities of each favourable outcome. In the simplest case it is a convolution of the probability distribution functions.
What does the student's t-distribution refer to in statistics?
The Student's T- Distribution is a type of probability distribution that is theoretical and resembles a normal distribution. The Student T- Distribution differs from the normal distribution by its degrees of freedom.
Is continuous distribution normal distribution?
le standard normal distribution is a normal distribution who has mean 0 and variance 1
When can you say the distribution is considered normal?
When its probability distribution the standard normal distribution.
