When you have completed this chapter, you will be able to:

1. Define the terms probability distribution and random variable.



2. Distinguish between discrete and continuous probability distributions.



3. Calculate the mean, variance, and standard deviation of a discrete probability distribution.



4. Describe the characteristics of and compute probabilities using the binomial probability distribution.



5. Describe the characteristics of and compute probabilities using the hypergeometric probability distribution.



6. Describe the characteristics of and compute probabilities using the Poisson probability distribution.