際際滷

際際滷Share a Scribd company logo
APPLICATION OF PROBABLITY
IN ENGINEERING
- BY GROUP 4
What is probability distribution?
? Probability distribution is a mathematical function that describes the likelihood of occurrence
of different outcomes in a random event. In other words, it is a way of representing the
uncertainty associated with a random variable. A random variable is a variable that can take
on different values based on the outcome of a random event.
? A probability distribution assigns a probability to each possible outcome of a random event. The
probabilities are usually represented as values between 0 and 1, where 0 represents an
impossible outcome and 1 represents a certain outcome. The sum of all probabilities in a
probability distribution must equal 1, since one of the possible outcomes must occur.
? There are different types of probability distributions, including discrete distributions and
continuous distributions. Discrete distributions, such as the Bernoulli and binomial
distributions, are used to model events with a finite number of outcomes. Continuous
distributions, such as the normal and exponential distributions, are used to model events with
an infinite number of possible outcomes.
? The shape of a probability distribution is determined by its parameters, which can be
estimated from data or derived from physical laws. Once a probability distribution has been
determined, it can be used to make predictions about the outcome of future events, estimate
the likelihood of specific outcomes, and perform various statistical analyses.
?
Types of probability distribution
1. Discrete Distributions: These distributions are used to model events with a finite or countably
infinite number of outcomes. Examples include the Bernoulli, Binomial, Poisson, and
Geometric distributions.
2. Continuous Distributions: These distributions are used to model events with an uncountably
infinite number of outcomes, such as real numbers. Examples include the Normal, Exponential,
Uniform, and Log-Normal distributions.
3. Univariate Distributions: These distributions describe the behavior of a single random
variable. Examples include the Normal and Exponential distributions.
4. Multivariate Distributions: These distributions describe the behavior of multiple random
variables. Examples include the Multivariate Normal and Dirichlet distributions.
5. Symmetric Distributions: These distributions have a mean that is equal to the median, and the
distribution is symmetrical around the mean. Examples include the Normal and Uniform
distributions.
6. Skewed Distributions: These distributions have a mean that is not equal to the median, and
the distribution is not symmetrical around the mean. Examples include the Log-Normal and
Pareto distributions.
NORMAL
DISTRIBUTION
- BONUS EXAMPLE USING A PYTHON
PROGRAM
BASICS OF NORMAL
DISTRIBUTION:
? A Normal Distribution is also known as a Gaussian distribution.
? The normal distribution is magical because most of the naturally
occurring phenomenon follows a normal distribution.
For example, blood pressure, IQ scores, heights follow the normal
distribution
STANDARD NORMAL
DISTRIBUTION AND Z-SCORE:
? The standard normal distribution has a mean of 0 and variance of 1.
? Any normal distribution can be converted to standard normal distribution to find
probability. In order to do this we use the `Z-SCORE¨.
? EMPERICAL RULE: It states that 68% of the values of a normal distribution of
data lie within `1σ¨ of the mean, 95% within `2σ¨, and 99.7% within `3σ¨.
PLOTTING A NORMAL CURVE
USING PYTHON:
? Suppose we have data of the heights of adults in a town which follows normal
distribution, we have a sufficient sample size with mean equal to 5.3 and the
standard deviation 1.
Here, loc = mean = 5.3
scale = standard deviation = 1
CALCULATING PROBABILITY:
A] X<4.5 B] 4.5+ X +6.5 C] X>6.5
*CODE:
REAL WORLD APPLICATIONS:
? In the investment world, the periodic (daily, monthly, even annual) returns of
assets like stocks and bonds are assumed to follow a normal distribution.
? In the corporate world, the distribution of the severity of manufacturing defects
was found to be normally distributed (this makes sense: usually you make it
right, a few times you make it slightly wrong, and once in a blue moon you
completely mess it up)
? The process improvement framework Six Sigma was basically built around this
observation.
? In data science and statistics, statistical inference (and hypothesis testing)
relies heavily on the normal distribution.
G4 PROBABLITY.pptx
G4 PROBABLITY.pptx
Binomial Distribution
Q.What ia binomial distribution?
The binomial distribution is one of the most commonly used distributions in
statistics. It describes the probability of obtaining k successes in n binomial
experiments.
If a random variable X follows a binomial distribution, then the probability
that X = k successes can be found by the following formula:
P(X=k) = nCk * pk * (1-p)n-k
where:
?n: number of trials
?k: number of successes
?p: probability of success on a given trial
?nCk: the number of ways to obtain k successes in n trials
Generating an array that follows binomial distribution
using python
Each number in the resulting array represents the number of
^successes ̄ experienced during 10 trials where the probability of
success in a given trial was 0.25.
Eg.Q1:Tanish makes 60% of his free-throw attempts. If he
shoots 12 free throws, what is the probability that he makes
exactly 10?
The probability that Tanish makes exactly 10 free throws
is 0.0639.
Eg.Q2: Afaz flips a fair coin 5 times. What is the probability
that the coin lands on heads 2 times or fewer?
The probability that the coin lands on heads 2 times or
fewer is 0.5.
Visualizing a Binomial Distribution
Code:
The x-axis describes the number of successes during 10 trials and the y-axis
displays the number of times each number of successes occurred during 1,000
experiments.
G4 PROBABLITY.pptx
G4 PROBABLITY.pptx
G4 PROBABLITY.pptx
G4 PROBABLITY.pptx
G4 PROBABLITY.pptx

More Related Content

Similar to G4 PROBABLITY.pptx (20)

Discrete distributions: Binomial, Poisson & Hypergeometric distributions
Discrete distributions:  Binomial, Poisson & Hypergeometric distributionsDiscrete distributions:  Binomial, Poisson & Hypergeometric distributions
Discrete distributions: Binomial, Poisson & Hypergeometric distributions
ScholarsPoint1
?
Probability distribution 10
Probability distribution 10Probability distribution 10
Probability distribution 10
Sundar B N
?
PA_EPGDM_2_2023.pptx
PA_EPGDM_2_2023.pptxPA_EPGDM_2_2023.pptx
PA_EPGDM_2_2023.pptx
somenathtiwary
?
Different types of distributions
Different types of distributionsDifferent types of distributions
Different types of distributions
RajaKrishnan M
?
Probability, Discrete Probability, Normal Probabilty
Probability, Discrete Probability, Normal ProbabiltyProbability, Discrete Probability, Normal Probabilty
Probability, Discrete Probability, Normal Probabilty
Faisal Hussain
?
probability for beginners masters in africa.ppt
probability for beginners masters in africa.pptprobability for beginners masters in africa.ppt
probability for beginners masters in africa.ppt
eliezerkbl
?
Statistik dan Probabilitas Yuni Yamasari 2.pptx
Statistik dan Probabilitas Yuni Yamasari 2.pptxStatistik dan Probabilitas Yuni Yamasari 2.pptx
Statistik dan Probabilitas Yuni Yamasari 2.pptx
AisyahLailia
?
Inorganic CHEMISTRY
Inorganic CHEMISTRYInorganic CHEMISTRY
Inorganic CHEMISTRY
Saikumar raja
?
Module-2_Notes-with-Example for data science
Module-2_Notes-with-Example for data scienceModule-2_Notes-with-Example for data science
Module-2_Notes-with-Example for data science
pujashri1975
?
RM
RMRM
RM
EvanNathan3
?
Discreet and continuous probability
Discreet and continuous probabilityDiscreet and continuous probability
Discreet and continuous probability
nj1992
?
Approaches to Probability Bayes' Theorem Binominal Distribution Poisson Dist...
 Approaches to Probability Bayes' Theorem Binominal Distribution Poisson Dist... Approaches to Probability Bayes' Theorem Binominal Distribution Poisson Dist...
Approaches to Probability Bayes' Theorem Binominal Distribution Poisson Dist...
Sundar B N
?
Theory of probability and probability distribution
Theory of probability and probability distributionTheory of probability and probability distribution
Theory of probability and probability distribution
polscjp
?
Probability Distributions
Probability Distributions Probability Distributions
Probability Distributions
Anthony J. Evans
?
Presentation_advance_1n.pptx
Presentation_advance_1n.pptxPresentation_advance_1n.pptx
Presentation_advance_1n.pptx
sharonmarishkawilfre
?
ststs nw.pptx
ststs nw.pptxststs nw.pptx
ststs nw.pptx
MrymNb
?
Statistical Analysis with R- III
Statistical Analysis with R- IIIStatistical Analysis with R- III
Statistical Analysis with R- III
Akhila Prabhakaran
?
Fundamentals of Data Science Probability Distributions
Fundamentals of Data Science Probability DistributionsFundamentals of Data Science Probability Distributions
Fundamentals of Data Science Probability Distributions
RBeze58
?
Module Five Normal Distributions & Hypothesis TestingTop of F.docx
Module Five Normal Distributions & Hypothesis TestingTop of F.docxModule Five Normal Distributions & Hypothesis TestingTop of F.docx
Module Five Normal Distributions & Hypothesis TestingTop of F.docx
roushhsiu
?
Probability_Distributions_Presentation_Complete.pptx
Probability_Distributions_Presentation_Complete.pptxProbability_Distributions_Presentation_Complete.pptx
Probability_Distributions_Presentation_Complete.pptx
codewithgauravkumar
?
Discrete distributions: Binomial, Poisson & Hypergeometric distributions
Discrete distributions:  Binomial, Poisson & Hypergeometric distributionsDiscrete distributions:  Binomial, Poisson & Hypergeometric distributions
Discrete distributions: Binomial, Poisson & Hypergeometric distributions
ScholarsPoint1
?
Probability distribution 10
Probability distribution 10Probability distribution 10
Probability distribution 10
Sundar B N
?
Different types of distributions
Different types of distributionsDifferent types of distributions
Different types of distributions
RajaKrishnan M
?
Probability, Discrete Probability, Normal Probabilty
Probability, Discrete Probability, Normal ProbabiltyProbability, Discrete Probability, Normal Probabilty
Probability, Discrete Probability, Normal Probabilty
Faisal Hussain
?
probability for beginners masters in africa.ppt
probability for beginners masters in africa.pptprobability for beginners masters in africa.ppt
probability for beginners masters in africa.ppt
eliezerkbl
?
Statistik dan Probabilitas Yuni Yamasari 2.pptx
Statistik dan Probabilitas Yuni Yamasari 2.pptxStatistik dan Probabilitas Yuni Yamasari 2.pptx
Statistik dan Probabilitas Yuni Yamasari 2.pptx
AisyahLailia
?
Module-2_Notes-with-Example for data science
Module-2_Notes-with-Example for data scienceModule-2_Notes-with-Example for data science
Module-2_Notes-with-Example for data science
pujashri1975
?
Discreet and continuous probability
Discreet and continuous probabilityDiscreet and continuous probability
Discreet and continuous probability
nj1992
?
Approaches to Probability Bayes' Theorem Binominal Distribution Poisson Dist...
 Approaches to Probability Bayes' Theorem Binominal Distribution Poisson Dist... Approaches to Probability Bayes' Theorem Binominal Distribution Poisson Dist...
Approaches to Probability Bayes' Theorem Binominal Distribution Poisson Dist...
Sundar B N
?
Theory of probability and probability distribution
Theory of probability and probability distributionTheory of probability and probability distribution
Theory of probability and probability distribution
polscjp
?
ststs nw.pptx
ststs nw.pptxststs nw.pptx
ststs nw.pptx
MrymNb
?
Fundamentals of Data Science Probability Distributions
Fundamentals of Data Science Probability DistributionsFundamentals of Data Science Probability Distributions
Fundamentals of Data Science Probability Distributions
RBeze58
?
Module Five Normal Distributions & Hypothesis TestingTop of F.docx
Module Five Normal Distributions & Hypothesis TestingTop of F.docxModule Five Normal Distributions & Hypothesis TestingTop of F.docx
Module Five Normal Distributions & Hypothesis TestingTop of F.docx
roushhsiu
?
Probability_Distributions_Presentation_Complete.pptx
Probability_Distributions_Presentation_Complete.pptxProbability_Distributions_Presentation_Complete.pptx
Probability_Distributions_Presentation_Complete.pptx
codewithgauravkumar
?

Recently uploaded (20)

Introduction-to-Robotics-PowerPoint-Presentation-on-Robotics.ppt
Introduction-to-Robotics-PowerPoint-Presentation-on-Robotics.pptIntroduction-to-Robotics-PowerPoint-Presentation-on-Robotics.ppt
Introduction-to-Robotics-PowerPoint-Presentation-on-Robotics.ppt
tobopol221
?
22PCOAM16 Unit 2 Session 13 Radial Basis Functions and Splines.pptx
22PCOAM16 Unit 2 Session 13 Radial Basis Functions and Splines.pptx22PCOAM16 Unit 2 Session 13 Radial Basis Functions and Splines.pptx
22PCOAM16 Unit 2 Session 13 Radial Basis Functions and Splines.pptx
Guru Nanak Technical Institutions
?
b29e51b5-c830-4877-a978-a6b308ea8c5f.ppt
b29e51b5-c830-4877-a978-a6b308ea8c5f.pptb29e51b5-c830-4877-a978-a6b308ea8c5f.ppt
b29e51b5-c830-4877-a978-a6b308ea8c5f.ppt
dashrimi0
?
Insertion Sort, Merge Sort. Time complexity of all sorting algorithms and t...
Insertion Sort,  Merge Sort.  Time complexity of all sorting algorithms and t...Insertion Sort,  Merge Sort.  Time complexity of all sorting algorithms and t...
Insertion Sort, Merge Sort. Time complexity of all sorting algorithms and t...
Dr. Madhuri Jawale
?
Fault_Detection_Using_ANNs_Presentation.pptx
Fault_Detection_Using_ANNs_Presentation.pptxFault_Detection_Using_ANNs_Presentation.pptx
Fault_Detection_Using_ANNs_Presentation.pptx
JeveshMagnani
?
Standard-Representation-for-Logic-Functions (1).pptx
Standard-Representation-for-Logic-Functions (1).pptxStandard-Representation-for-Logic-Functions (1).pptx
Standard-Representation-for-Logic-Functions (1).pptx
sashiP
?
NIS Unit-1(PPT)jbdjjdcbjbchdhbchbjch.pdf
NIS Unit-1(PPT)jbdjjdcbjbchdhbchbjch.pdfNIS Unit-1(PPT)jbdjjdcbjbchdhbchbjch.pdf
NIS Unit-1(PPT)jbdjjdcbjbchdhbchbjch.pdf
MohdKhalidShaikh2
?
Introduction to Edge and Fog Computing.pdf
Introduction to Edge and Fog Computing.pdfIntroduction to Edge and Fog Computing.pdf
Introduction to Edge and Fog Computing.pdf
Hitesh Mohapatra
?
2. KONSEP EKONOMI TEKNIK & PERANCANGAN TEKNIK.pdf
2. KONSEP EKONOMI TEKNIK & PERANCANGAN TEKNIK.pdf2. KONSEP EKONOMI TEKNIK & PERANCANGAN TEKNIK.pdf
2. KONSEP EKONOMI TEKNIK & PERANCANGAN TEKNIK.pdf
MuhammadToyeb
?
Material Handling : Scope , Importance, Objectives, Principles, Classificatio...
Material Handling : Scope , Importance, Objectives, Principles, Classificatio...Material Handling : Scope , Importance, Objectives, Principles, Classificatio...
Material Handling : Scope , Importance, Objectives, Principles, Classificatio...
VirajPasare
?
Battery charging technology for electric vehicle.pptx
Battery charging technology for electric vehicle.pptxBattery charging technology for electric vehicle.pptx
Battery charging technology for electric vehicle.pptx
VirajPasare
?
22PCOAM16_UNIT 2_Session 10 Multi Layer Perceptrons.pptx
22PCOAM16_UNIT 2_Session 10 Multi Layer Perceptrons.pptx22PCOAM16_UNIT 2_Session 10 Multi Layer Perceptrons.pptx
22PCOAM16_UNIT 2_Session 10 Multi Layer Perceptrons.pptx
Guru Nanak Technical Institutions
?
芙坪茶氏Y創_Data-Centric AI in The Age of Large Language Models
芙坪茶氏Y創_Data-Centric AI in The Age of Large Language Models芙坪茶氏Y創_Data-Centric AI in The Age of Large Language Models
芙坪茶氏Y創_Data-Centric AI in The Age of Large Language Models
鰻粥京晦粥皆幄塀氏芙
?
22PCOAM16_UNIT 2_ Session 12 Deriving Back-Propagation .pptx
22PCOAM16_UNIT 2_ Session 12 Deriving Back-Propagation .pptx22PCOAM16_UNIT 2_ Session 12 Deriving Back-Propagation .pptx
22PCOAM16_UNIT 2_ Session 12 Deriving Back-Propagation .pptx
Guru Nanak Technical Institutions
?
Chapter 2.pdf Smith Chart and Impedance Matching
Chapter 2.pdf Smith Chart and Impedance MatchingChapter 2.pdf Smith Chart and Impedance Matching
Chapter 2.pdf Smith Chart and Impedance Matching
dathoang3243
?
b29e51b5-c830-4877-a978-a6b308ea8c5f.ppt
b29e51b5-c830-4877-a978-a6b308ea8c5f.pptb29e51b5-c830-4877-a978-a6b308ea8c5f.ppt
b29e51b5-c830-4877-a978-a6b308ea8c5f.ppt
dashrimi0
?
Unit 1- Python- Features, Variables, Data Types, Operators and Expressions
Unit 1- Python- Features, Variables, Data Types, Operators and ExpressionsUnit 1- Python- Features, Variables, Data Types, Operators and Expressions
Unit 1- Python- Features, Variables, Data Types, Operators and Expressions
GawaliSwapnali13
?
Aerodynamic Stability Tests for Cable-Stayed Bridges.pdf
Aerodynamic Stability Tests for Cable-Stayed Bridges.pdfAerodynamic Stability Tests for Cable-Stayed Bridges.pdf
Aerodynamic Stability Tests for Cable-Stayed Bridges.pdf
Kamel Farid
?
Introduction to Stack, ? Stack ADT, ? Implementation of Stack using array, ...
Introduction to Stack,  ? Stack ADT,  ? Implementation of Stack using array, ...Introduction to Stack,  ? Stack ADT,  ? Implementation of Stack using array, ...
Introduction to Stack, ? Stack ADT, ? Implementation of Stack using array, ...
Dr. Madhuri Jawale
?
iot into applns advapplicatinns vva.pptx
iot into applns advapplicatinns vva.pptxiot into applns advapplicatinns vva.pptx
iot into applns advapplicatinns vva.pptx
sravanece1
?
Introduction-to-Robotics-PowerPoint-Presentation-on-Robotics.ppt
Introduction-to-Robotics-PowerPoint-Presentation-on-Robotics.pptIntroduction-to-Robotics-PowerPoint-Presentation-on-Robotics.ppt
Introduction-to-Robotics-PowerPoint-Presentation-on-Robotics.ppt
tobopol221
?
22PCOAM16 Unit 2 Session 13 Radial Basis Functions and Splines.pptx
22PCOAM16 Unit 2 Session 13 Radial Basis Functions and Splines.pptx22PCOAM16 Unit 2 Session 13 Radial Basis Functions and Splines.pptx
22PCOAM16 Unit 2 Session 13 Radial Basis Functions and Splines.pptx
Guru Nanak Technical Institutions
?
b29e51b5-c830-4877-a978-a6b308ea8c5f.ppt
b29e51b5-c830-4877-a978-a6b308ea8c5f.pptb29e51b5-c830-4877-a978-a6b308ea8c5f.ppt
b29e51b5-c830-4877-a978-a6b308ea8c5f.ppt
dashrimi0
?
Insertion Sort, Merge Sort. Time complexity of all sorting algorithms and t...
Insertion Sort,  Merge Sort.  Time complexity of all sorting algorithms and t...Insertion Sort,  Merge Sort.  Time complexity of all sorting algorithms and t...
Insertion Sort, Merge Sort. Time complexity of all sorting algorithms and t...
Dr. Madhuri Jawale
?
Fault_Detection_Using_ANNs_Presentation.pptx
Fault_Detection_Using_ANNs_Presentation.pptxFault_Detection_Using_ANNs_Presentation.pptx
Fault_Detection_Using_ANNs_Presentation.pptx
JeveshMagnani
?
Standard-Representation-for-Logic-Functions (1).pptx
Standard-Representation-for-Logic-Functions (1).pptxStandard-Representation-for-Logic-Functions (1).pptx
Standard-Representation-for-Logic-Functions (1).pptx
sashiP
?
NIS Unit-1(PPT)jbdjjdcbjbchdhbchbjch.pdf
NIS Unit-1(PPT)jbdjjdcbjbchdhbchbjch.pdfNIS Unit-1(PPT)jbdjjdcbjbchdhbchbjch.pdf
NIS Unit-1(PPT)jbdjjdcbjbchdhbchbjch.pdf
MohdKhalidShaikh2
?
Introduction to Edge and Fog Computing.pdf
Introduction to Edge and Fog Computing.pdfIntroduction to Edge and Fog Computing.pdf
Introduction to Edge and Fog Computing.pdf
Hitesh Mohapatra
?
2. KONSEP EKONOMI TEKNIK & PERANCANGAN TEKNIK.pdf
2. KONSEP EKONOMI TEKNIK & PERANCANGAN TEKNIK.pdf2. KONSEP EKONOMI TEKNIK & PERANCANGAN TEKNIK.pdf
2. KONSEP EKONOMI TEKNIK & PERANCANGAN TEKNIK.pdf
MuhammadToyeb
?
Material Handling : Scope , Importance, Objectives, Principles, Classificatio...
Material Handling : Scope , Importance, Objectives, Principles, Classificatio...Material Handling : Scope , Importance, Objectives, Principles, Classificatio...
Material Handling : Scope , Importance, Objectives, Principles, Classificatio...
VirajPasare
?
Battery charging technology for electric vehicle.pptx
Battery charging technology for electric vehicle.pptxBattery charging technology for electric vehicle.pptx
Battery charging technology for electric vehicle.pptx
VirajPasare
?
芙坪茶氏Y創_Data-Centric AI in The Age of Large Language Models
芙坪茶氏Y創_Data-Centric AI in The Age of Large Language Models芙坪茶氏Y創_Data-Centric AI in The Age of Large Language Models
芙坪茶氏Y創_Data-Centric AI in The Age of Large Language Models
鰻粥京晦粥皆幄塀氏芙
?
Chapter 2.pdf Smith Chart and Impedance Matching
Chapter 2.pdf Smith Chart and Impedance MatchingChapter 2.pdf Smith Chart and Impedance Matching
Chapter 2.pdf Smith Chart and Impedance Matching
dathoang3243
?
b29e51b5-c830-4877-a978-a6b308ea8c5f.ppt
b29e51b5-c830-4877-a978-a6b308ea8c5f.pptb29e51b5-c830-4877-a978-a6b308ea8c5f.ppt
b29e51b5-c830-4877-a978-a6b308ea8c5f.ppt
dashrimi0
?
Unit 1- Python- Features, Variables, Data Types, Operators and Expressions
Unit 1- Python- Features, Variables, Data Types, Operators and ExpressionsUnit 1- Python- Features, Variables, Data Types, Operators and Expressions
Unit 1- Python- Features, Variables, Data Types, Operators and Expressions
GawaliSwapnali13
?
Aerodynamic Stability Tests for Cable-Stayed Bridges.pdf
Aerodynamic Stability Tests for Cable-Stayed Bridges.pdfAerodynamic Stability Tests for Cable-Stayed Bridges.pdf
Aerodynamic Stability Tests for Cable-Stayed Bridges.pdf
Kamel Farid
?
Introduction to Stack, ? Stack ADT, ? Implementation of Stack using array, ...
Introduction to Stack,  ? Stack ADT,  ? Implementation of Stack using array, ...Introduction to Stack,  ? Stack ADT,  ? Implementation of Stack using array, ...
Introduction to Stack, ? Stack ADT, ? Implementation of Stack using array, ...
Dr. Madhuri Jawale
?
iot into applns advapplicatinns vva.pptx
iot into applns advapplicatinns vva.pptxiot into applns advapplicatinns vva.pptx
iot into applns advapplicatinns vva.pptx
sravanece1
?

G4 PROBABLITY.pptx

  • 1. APPLICATION OF PROBABLITY IN ENGINEERING - BY GROUP 4
  • 2. What is probability distribution? ? Probability distribution is a mathematical function that describes the likelihood of occurrence of different outcomes in a random event. In other words, it is a way of representing the uncertainty associated with a random variable. A random variable is a variable that can take on different values based on the outcome of a random event. ? A probability distribution assigns a probability to each possible outcome of a random event. The probabilities are usually represented as values between 0 and 1, where 0 represents an impossible outcome and 1 represents a certain outcome. The sum of all probabilities in a probability distribution must equal 1, since one of the possible outcomes must occur. ? There are different types of probability distributions, including discrete distributions and continuous distributions. Discrete distributions, such as the Bernoulli and binomial distributions, are used to model events with a finite number of outcomes. Continuous distributions, such as the normal and exponential distributions, are used to model events with an infinite number of possible outcomes. ? The shape of a probability distribution is determined by its parameters, which can be estimated from data or derived from physical laws. Once a probability distribution has been determined, it can be used to make predictions about the outcome of future events, estimate the likelihood of specific outcomes, and perform various statistical analyses. ?
  • 3. Types of probability distribution 1. Discrete Distributions: These distributions are used to model events with a finite or countably infinite number of outcomes. Examples include the Bernoulli, Binomial, Poisson, and Geometric distributions. 2. Continuous Distributions: These distributions are used to model events with an uncountably infinite number of outcomes, such as real numbers. Examples include the Normal, Exponential, Uniform, and Log-Normal distributions. 3. Univariate Distributions: These distributions describe the behavior of a single random variable. Examples include the Normal and Exponential distributions. 4. Multivariate Distributions: These distributions describe the behavior of multiple random variables. Examples include the Multivariate Normal and Dirichlet distributions. 5. Symmetric Distributions: These distributions have a mean that is equal to the median, and the distribution is symmetrical around the mean. Examples include the Normal and Uniform distributions. 6. Skewed Distributions: These distributions have a mean that is not equal to the median, and the distribution is not symmetrical around the mean. Examples include the Log-Normal and Pareto distributions.
  • 4. NORMAL DISTRIBUTION - BONUS EXAMPLE USING A PYTHON PROGRAM
  • 5. BASICS OF NORMAL DISTRIBUTION: ? A Normal Distribution is also known as a Gaussian distribution. ? The normal distribution is magical because most of the naturally occurring phenomenon follows a normal distribution. For example, blood pressure, IQ scores, heights follow the normal distribution
  • 6. STANDARD NORMAL DISTRIBUTION AND Z-SCORE: ? The standard normal distribution has a mean of 0 and variance of 1. ? Any normal distribution can be converted to standard normal distribution to find probability. In order to do this we use the `Z-SCORE¨. ? EMPERICAL RULE: It states that 68% of the values of a normal distribution of data lie within `1σ¨ of the mean, 95% within `2σ¨, and 99.7% within `3σ¨.
  • 7. PLOTTING A NORMAL CURVE USING PYTHON: ? Suppose we have data of the heights of adults in a town which follows normal distribution, we have a sufficient sample size with mean equal to 5.3 and the standard deviation 1. Here, loc = mean = 5.3 scale = standard deviation = 1
  • 8. CALCULATING PROBABILITY: A] X<4.5 B] 4.5+ X +6.5 C] X>6.5 *CODE:
  • 9. REAL WORLD APPLICATIONS: ? In the investment world, the periodic (daily, monthly, even annual) returns of assets like stocks and bonds are assumed to follow a normal distribution. ? In the corporate world, the distribution of the severity of manufacturing defects was found to be normally distributed (this makes sense: usually you make it right, a few times you make it slightly wrong, and once in a blue moon you completely mess it up) ? The process improvement framework Six Sigma was basically built around this observation. ? In data science and statistics, statistical inference (and hypothesis testing) relies heavily on the normal distribution.
  • 12. Binomial Distribution Q.What ia binomial distribution? The binomial distribution is one of the most commonly used distributions in statistics. It describes the probability of obtaining k successes in n binomial experiments. If a random variable X follows a binomial distribution, then the probability that X = k successes can be found by the following formula: P(X=k) = nCk * pk * (1-p)n-k where: ?n: number of trials ?k: number of successes ?p: probability of success on a given trial ?nCk: the number of ways to obtain k successes in n trials
  • 13. Generating an array that follows binomial distribution using python Each number in the resulting array represents the number of ^successes ̄ experienced during 10 trials where the probability of success in a given trial was 0.25.
  • 14. Eg.Q1:Tanish makes 60% of his free-throw attempts. If he shoots 12 free throws, what is the probability that he makes exactly 10? The probability that Tanish makes exactly 10 free throws is 0.0639.
  • 15. Eg.Q2: Afaz flips a fair coin 5 times. What is the probability that the coin lands on heads 2 times or fewer? The probability that the coin lands on heads 2 times or fewer is 0.5.
  • 16. Visualizing a Binomial Distribution Code: The x-axis describes the number of successes during 10 trials and the y-axis displays the number of times each number of successes occurred during 1,000 experiments.