Understanding Probability Distributions

What is a Probability Distribution?

A probability distribution is a mathematical function that provides the probabilities of occurrence of different possible outcomes in an experiment.

Some common types of distributions include:

• Normal Distribution
• Binomial Distribution
• Poisson Distribution

These distributions are used in various fields like finance, science, and engineering, to model different phenomena.

Interactive Tool

Try out our Probability Calculator to interact with different distributions and visualize their properties!