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Statistical Distributions

Towards Data Science

A probability distribution is a mathematical function that provides the probabilities of the occurrence of various possible outcomes in an experiment. Probability distributions are used to define…

A Quick Look Into Probability Distributions

Analytics Vidhya

Probability Distribution : A probability Distribution shows the list of probabilities associated with each value or a range of values for a discrete or a continuous random variable. Based on the…

Why Probability distribution is must in DS/ML —

Towards Data Science

As the name suggests probability distribution is the distribution of total probability across all the possible outcomes of a random variable. For example assume a bank provides four different kinds…

Discrete Probability Distributions with R

Towards AI

In simpler terms, the probability distributions describe the random process (any phenomenon) in terms of probabilities. A random event is a random process to which we can never find the exact value…

Distributions

Think Bayes

In the previous chapter we used Bayes’s Theorem to solve a cookie problem; then we solved it again using a Bayes table. In this chapter, at the risk of testing your patience, we will solve it one mor...

A Gentle Introduction to Probability Distributions

Machine Learning Mastery

Last Updated on November 14, 2019 Probability can be used for more than calculating the likelihood of one event; it can summarize the likelihood of all possible outcomes. A thing of interest in probab...

Before Probability Distributions

Towards Data Science

I decided to write this introduction to probability distributions with one clear purpose in mind: explain why do we use them, and apply real-life examples. When learning probability, I got tired of…

Probability concepts explained: probability distributions (introduction part 3)

Towards Data Science

Explanation of the fundamental concepts of probability distributions. We start with writing a table to representing distribution graphically with functions, both discrete and continuous

Binomial Distribution — Practical Intro with Drive-Thru Business Analytic

Towards Data Science

Probability distribution is a very useful statistical tool to estimate the performance or risk hidden in a business activity. Many businesses stakeholders rely on the probability distribution to…

What Is A Probability Density Function?

Towards Data Science

In the wonderful world of statistics, distributions are an absolutely vital component that sits at the center of a universe of mathematics. Distributions are used to describe data mathematically, and…...

The Bernoulli and Binomial Distributions

Analytics Vidhya

The probability for a discrete random variable can be summarized with a discrete probability distribution. A discrete random variable is a random variable that can have one of a finite set of…

Statistics 101- Part 2- Probability Distributions, Types, and Applications

Towards AI

Definition of the probability distribution, different types of distributions, their explanation, and applications Photo by Naser Tamimi on Unsplash This article is in continuation of Statistics 101-P...