Probability Distribution (Discrete & Continuous)
Home YouTube Twitter Facebook Instagram WhatsApp Telegram Probability Distribution (Discrete & Continuous) A probability distribution is a mathematical function that describes the probability of different possible values of a variable. In other words, it is a way of expressing how likely it is for a variable to take on a certain value. Probability distributions can be used to model a wide variety of phenomena, such as the outcome of a coin toss, the height of a person, or the return on an investment. There are two main types of probability distributions: discrete and continuous. Discrete distributions are used to model variables that can only take on a limited number of values. For example, the probability distribution for the outcome of a coin toss is discrete, because it can only be heads or tails. Continuous distributions are used to model variables that can take on an infinite number of values. For example, the probability distribution for the