Page 189 - BA2 Integrated Workbook - Student 2017
P. 189

Risk 2: probability





                           Normal distribution




               We will now combine what we have learned about probability with what we learned in
               the previous chapter about mean and standard deviation and look at normal
               distributions. Distribution refers to the way data is spread out.

               Remember in the previous chapter we looked at calculating mean (μ) and standard
               deviation (σ). These will be used in normal distribution.

               Consider the distribution of the following histograms:













               We can see that the ‘distribution’ or spreading out of the data is different in each of
               these examples.

               Now consider the following histogram:


                           Frequency
                           distribution
























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