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Showing posts from August 31, 2023

Statistical Distributions

Different types of distributions. Bernoulli distribution : A Bernoulli distribution is a discrete probability distribution with two possible outcomes, usually called "success" and "failure." The probability of success is denoted by p and the probability of failure is denoted by q . The Bernoulli distribution can be used to model a variety of events, such as whether a coin toss results in heads or tails, whether a student passes an exam, or whether a customer makes a purchase. Uniform distribution : A uniform distribution is a continuous probability distribution that assigns equal probability to all values within a specified range. The uniform distribution can be used to model a variety of events, such as the roll of a die, the draw of a card from a deck, or the time it takes to complete a task. Binomial distribution : A binomial distribution is a discrete probability distribution that describes the number of successes in a sequence of n independent trials, eac...