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Exponential Distribution Simply Explained
A succinct explanation of the Exponential Distribution and its origins. Continue reading on Towards Data Science
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What is Exponential Distribution
Is the exponential parameter λ the same as λ in Poisson? Remember that 0.25 is not a time duration, but it is an event rate, which is the same as the parameter λ in a Poisson process.
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Questions That You Can Answer Using Exponential Distribution
Answers to why do we use exponential distribution, what is the exponential distribution used for and how do you solve exponential distribution problems?
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Gamma Distribution Simply Explained
An explanation of the Gamma Distribution and its origins Continue reading on Towards Data Science
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Sum of Exponential Random Variables
👉 We find the CDF and differentiate it. (We have already used this technique many times in previous posts.) There are two main tricks used in the above CDF derivation. One is marginalizing X1 out…
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Probability Distribution
I’m a data scientist for a mobile application. As a data scientist, you will often draw a random sample from the population to conduct experiments or analyses. With the random sample, you make…
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Compound interest and the exponential distribution
Your mortgage is memory-less and so is the exponential distribution Continue reading on Towards Data Science
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Distribution of a single variable
It is customary to refer to the raw numbers as data and the output of data analysis as information. You start with the data, and you hope to end with information that an organization can use for…
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The Poisson Distribution
Mylie has been averaging 3 hits for every 10 times at bat. What is the probability that she will get exactly 2 hits in her next 5 times at bat? How do we go about calculating the probability of this…
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Chapter 5 Modeling distributions
The distributions we have used so far are called empirical distributions because they are based on empirical observations, which are necessarily finite samples. The alternative is an analytic distribu...
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Geometric Distribution Simply Explained
A simple description and uses of the Geometric distribution Continue reading on Towards Data Science
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Modeling Exponential Growth
With the current outbreak of the Coronavirus going on, we hear a lot about Exponential Growth. In this article, I show how to understand and analyze Exponential Growth. If you want to follow along…
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Normal distribution
The normal distribution is a probability function that defines how the values of a variable are distributed. The normal distribution is a symmetric distribution where most of the observations cluster…...
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Statistical Distributions
The normal distribution is the most important probability distribution in statistics because it fits many natural phenomena. In this article we will cover some distributions that I have found useful…
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An Introduction to Random Variables & Probability Distribution
Random Variables: A random variable represents the outcome of statistical experiments on numerical values. Discrete Random variables: A variable that can take only the countable number of values. For…...
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Statistics 101- Part 2- Probability Distributions, Types, and Applications
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...
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Random Variables and Probability Distributions
Master the random variables and probability distributions and crack your next Data Science Interview with the third part of our Statistics Cheat Sheet series Photo by Naser Tamimi on Unsplash Random ...
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Poisson Distribution Details with Implementation
Part 6: Statistics Series Hey, welcome back to the statistics series. In the earlier article, we studied binomial distribution. https://medium.com/python-in-plain-english/important-points-about-binomi...
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Essential Math for Data Science: The Poisson Distribution
The Poisson distribution, named after the French mathematician Denis Simon Poisson, is a discrete distribution function describing the probability that an event will occur a certain number of times…
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Exploring the Poisson Distribution
I find probability distributions would often be useful tools to know and understand, but the explanations are not always very intuitive. The Poisson distribution is one of the probability…
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Probability for Data Scientists: The Great Geometric Distribution
Interactive Visualizations of the PMF/CDF & Modeling Real Data Continue reading on Towards Data Science
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The Normal Distribution
There’s a reason the Normal Distribution is called “normal”. Its presence can be felt throughout data science and machine learning, as well as in a variety of unexpected real-world scenarios. From…
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Different Probability Distributions Part 2
Now we will see the Continuous variable distributions whereas in part 1 we saw the discrete distributions. In continuous distributions the point probability is equal to “0” and some of the…
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A Quick Look Into Probability Distributions
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…
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