Explanation
The entire problem can be solved using below method
Binomial: A manufacturer of metal pistons finds that on the average, 12% of his pistons are rejected because they are either oversize or undersize. What is the probability that a batch of 10 pistons will contain no more than 2 rejects?
Poisson: A life insurance salesman sells on the average 3 life insurance policies per week. Use Poisson's law to calculate the probability that in a given week he will sell Some policies Poisson: Vehicles pass through a junction on a busy road at an average rate of 300 per hour Find the probability that none passes in a given minute.
Normal: It was found that the mean length of 100 parts produced by a lathe was 20.05 mm with a standard deviation of 0.02 mm. Find the probability that a part selected at random would have a length between 20 03 mm and 20.08 mm

Explanation
Classification is the process of using several inputs to produce one or more outputs. For example the input might be the income, education and current debt of a customer The output might be a risk class, such as
"good", "acceptable", "average", or "unacceptable". Contrast this to regression where the output is a number not a class.

Explanation : A data model explicitly describes a relationship between predictor and response variables.
Linear regression fits a data model that is linear in the model coefficients. The most common type of linear regression is a least-squares fit, which can fit both lines and polynomials, among other linear models.
Before you model the relationship between pairs of quantities, it is a good idea to perform correlation analysis to establish if a linear relationship exists between these quantities. Be aware that variables can have nonlinear relationships, which correlation analysis cannot detect. For more information, see Linear Correlation.
If you need to fit data with a nonlinear model, transform the variables to make the relationship linear.
Alternatively try to fit a nonlinear function directly using either the Statistics and Machine Learning Toolbox nlinfit function, the Optimization Toolbox Isqcurvefit function, or by applying functions in the Curve Fitting Toolbox.
79

Explanation
Principal component analysis (PCA) involves a mathematical procedure that transforms a number of (possibly) correlated variables into a (smaller) number of uncorrected variables called principal components. The first principal component accounts for as much of the variability in the data as possible, and each succeeding component accounts for as much of the remaining variability as possible.

Explanation
Classification : Build models to classify data into different categories credit scoring, tumor detection, image recognition Regression: Build models to predict continuous data, electricity load forecasting, algorithmic trading, drug discovery