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- Introduce your assignment with a discussion of probability distributions.
- What is a probability distribution?
- What are the requirements for a probability distribution?
- How are probability distributions helpful for the analysis of your chosen scenario?
- Using the discrete/quantitative variable that you analyzed in Part 1, construct a probability distribution for the data. Interpret your results in context of your chosen scenario.
- Calculate the parameters of your probability distribution. Interpret your results in context of your chosen scenario.
- Mean
- Variance
- Standard Deviation
- Use the Range Rule of Thumb to identify any unusual results. Interpret your results in context of your chosen scenario.
- Conclusion
- Recap your ideas by summarizing the information presented.
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