Discrete Probability Distributions Definitions Area of Opportunity: (for Poisson distribution) a continuous interval (time, length, area, volume, etc). Binomial Distribution has the following ...

A probability distribution, usually displayed graphically, shows the relative likelihood of all possible outcomes occurring within a specific time period.

A uniform distribution is a probability distribution where all outcomes are equally likely. Due to its limited and unique values, a die exhibits uniform distribution.

In a number of situations we are faced with the problem of determining efficient estimates of the mean and variance of a distribution specified by (i) a non-zero probability that the variable assumes ...