List of Common Probability Distributions

Several probability distributions are used in statistics. These include the three most commonly used distributions: the Normal Distribution, the Binomial Distribution, and the Poisson Distribution.Three Most Commonly Used Distributions:1. Normal Dist...

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Dec 25, 2022
PDF, CDF and PMF – Probability Distribution Functions

In probability and statistics, several terms are used to describe the various functions that are used to model probability distributions. These include:Probability density function (PDF): The PDF is a function that describes the probability of a cont...

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Dec 25, 2022
Central Limit Theorem

 The central limit theorem is a fundamental concept in statistics. It states that given a sufficiently large sample size from a population with a finite level of variance, the mean of all samples from the population will be approximately normally dis...

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Dec 25, 2022
Sample vs. Population

PopulationA population is the entire group of individuals or objects that we are interested in studying. For example, the population could be all the people living in a certain city, all the students in a school, or all the cars on a certain road.Sam...

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Dec 24, 2022
Permutations and Combination

Permutations and combinations are two related concepts in mathematics that involve arranging elements or numbers. Permutations are arrangements where the order of the elements matters, while combinations are arrangements where the order does not matt...

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Dec 24, 2022
What is a Factorial?

 A factorial is an operation often encountered in mathematics used to multiply all numbers from 1 up to a given number. Factorials are important tools in mathematics, especially for solving permutations and combinations. They are also used in probabi...

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Dec 24, 2022
Probability: Rule of Addition and Multiplication

The rule of addition and the rule of multiplication are two important rules of probability that describe how probabilities are calculated for multiple events.Rule of AdditionThe rule of addition (also known as the "OR" rule) states that the probabili...

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Dec 23, 2022
Probability: Types of Events

n probability, there are several different types of events that can be defined based on their relationship to other events.Simple Events:Simple events are the most basic type of event in probability. A simple event is an outcome or occurrence that ha...

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Dec 23, 2022
Union and Intersection in Probability

Union and intersection are two concepts in the probability that describe the relationship between different events. Union and intersection can be useful for calculating probabilities when multiple events are involved.Union:The union of two events is...

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Dec 22, 2022
Understanding Probability: A Guide for Beginners

Probability is an important concept in mathematics and statistics that helps us understand the likelihood of events happening. It is used in many fields, from predicting the weather to analyzing data sets for research. In this guide, we’ll examine wh...

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Dec 22, 2022