5
Standard Continuous Distributions
Prerequisites
Before you start reading this unit, you should:
- Know the concepts of mean and standard deviations and their calculations
- Know the definition of probability and the methods for calculating it
Learning Objectives
After going through this unit, you would be able to:
- To identify problems that can be modelled using normal distributions and know about other standard continuous distributions such as Exponential, Gamma, and Weibull distributions
- Know about central limit theorem and where it is applied
- Study all the chief characteristics of normal distribution
- To know the law of large numbers
INTRODUCTION
In the earlier units, we have gone through some discrete distributions. Now, let us go through ...