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Product Design Binomial Distribution Game Feng Shui Technology Solutions LLC.
[object Object],[object Object],[object Object],[object Object],Http://FengshuiConsultants.Blogspot.com/  Email: Fengshuiconsultants@gmail.com Office:  410.366.6611 Fax: 410.366.5764 1700 East Cold Spring Lane, Baltimore MD 21251
Agenda ,[object Object],[object Object],[object Object],[object Object],[object Object]
Material ,[object Object],[object Object],[object Object],[object Object],[object Object]
Cost of Material ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Vocabulary Binomial Distribution: specifies the number of times (x) that an event occurs in n Bernoulli trials where p is the probability of the event occurring in a single trial.  Normal Distribution: are a family of distributions with a symmetrical bell shape  Bernoulli Trials: is an experiment where there are only two possibly outcomes (ie. true or false) and each experiment is independent and the outcome is exclusive that trial.  Central Limit Theorem: The distribution of an average tends to be Normal, even when the distribution from which the average is computed is decidedly non-Normal (3). 
Test ,[object Object],[object Object],[object Object]
Results Mean: 4.2  Standard  Deviation: 4.71
Binomial Distribution and  Normal Curve
References  ,[object Object],[object Object],[object Object]
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Plinko Fsts

  • 1. Product Design Binomial Distribution Game Feng Shui Technology Solutions LLC.
  • 2.
  • 3.
  • 4.
  • 5.
  • 6. Vocabulary Binomial Distribution: specifies the number of times (x) that an event occurs in n Bernoulli trials where p is the probability of the event occurring in a single trial. Normal Distribution: are a family of distributions with a symmetrical bell shape Bernoulli Trials: is an experiment where there are only two possibly outcomes (ie. true or false) and each experiment is independent and the outcome is exclusive that trial. Central Limit Theorem: The distribution of an average tends to be Normal, even when the distribution from which the average is computed is decidedly non-Normal (3). 
  • 7.
  • 8. Results Mean: 4.2 Standard Deviation: 4.71
  • 10.
  • 11. Thanks to our Sponsor