Understanding Probability Distributions
Probability Distributions are a fundamental concept in statistics and probability theory. They describe how probabilities are distributed over the possible values of a random variable.
Types of Probability Distributions
- Normal Distribution: Often known as the bell curve, it's symmetric and describes many natural phenomena.
- Binomial Distribution: Represents the number of successes in a sequence of independent experiments.
- Poisson Distribution: Shows how many times an event is likely to occur within a specified time period.
- Uniform Distribution: All outcomes are equally likely.
Interactive Example
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