Chapter 6 Continuous Probability Distributions 商务统计 教学课件.pptVIP

Chapter 6 Continuous Probability Distributions Uniform Probability Distribution Normal Probability Distribution Exponential Probability Distribution Continuous Probability Distributions Uniform Probability Distribution Uniform Probability Distribution Uniform Probability Distribution Uniform Probability Distribution Uniform Probability Distribution for Salad Plate Filling Weight Normal Probability Distribution The normal probability distribution is the most important distribution for describing a continuous random variable. It is widely used in statistical inference. Normal Probability Distribution Normal Probability Density Function Standard Normal Probability Distribution Standard Normal Probability Distribution Standard Normal Probability Distribution If the manager of Pep Zone wants the probability of a stockout to be no more than .05, what should the reorder point be? Exponential Probability Distribution Density Function Exponential Probability Distribution Cumulative Probabilities Exponential Probability Distribution Exponential Probability Distribution Relationship between the Poissonand Exponential Distributions End of Chapter 6 P(z .83) = 1 – P(z .83) = 1- .7967 = .2033 Solving for the Stockout Probability Step 3: Compute the area under the standard normal curve to the right of z = .83. Pep Zone 5w-20 Motor Oil Probability of a stockout P(x 20) Standard Normal Probability Distribution Solving for the Stockout Probability 0 .83 Area = .7967 Area = 1 - .7967 = .2033 z Pep Zone 5w-20 Motor Oil Standard Normal Probability Distribution Pep Zone 5w-20 Motor Oil Standard Normal Probability Distribution Solving for the Reorder Point Pep Zone 5w-20 Motor Oil 0 Area = .9500 Area = .0500 z z.05 Standard Normal Probability Distribution Solving for the Reorder Point Pep Zone 5w-20 Motor Oil Step 1: Find the z-value that cuts off an area of .05 in the right tail of the