Recall Fx(x) =

  • A reminder! The median is the halfway point in a function right? (so would you agree that’s 0.5 probability?)

Uniform Distribution

  • The simplest continuous distribution
  • All outcomes are equally likely

Uniform Distribution

  • Now, you have to remember the bounds of the function. It’s given in each f(x), and is quite important. If it is outside of those bounds, it is zero.

Example 2

  • We are told that X is uniformly distributed between 0 & 1. (note, [0,1) means 0 is included, but 1 is not)

Now, for the variance of Y…

Reminder:

  • The expected value of a constant is the constant,
  • The variance of a constant is zero,
  • Constants can be pulled out from of expected values
  • Constants can be pulled out of variances, but must be squared

Normal Distribution

  • Most popular distribution due to the Central Limit Theorem, which states that the sums of random variables tend to a normal distribution.

Normal (Gaussian) Distribution