Different Types of Probability Distribution (Characteristics & Examples)

different types of probability distribution

What is distribution? A distribution represent the possible values a random variable can take and how often they occur. Mean – it represent the average value which is denoted by µ (Meu) and measured in seconds. Variance – it represent how spread out the data is, denoted by σ2 (Sigma Square). It is pertinent to … Read more

Probability for Data Science

Probability for data science

Probability is simply defined as a chance of something happening or the likelihood of an event is to happen. Probability played a vital role in decision making that’s why companies’ executives based on it before going to take any decision prior to investment. Probability for Data Science An event can be likely or unlikely and … Read more