Probability Distribution
Subject: Business Statistics | Topics:

Probability Distribution is a statistical function that describes all of the possible values and likelihoods which a random variable usually takes within a provided range. This range are going to be between the minimum amount and maximum statistically achievable values, but where the possible value may very to be plotted on the probability distribution depends on several factors, including the distributions mean, typical deviation, skewness in addition to kurtosis.

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