List of Probability Distributions

List of Probability DistributionsExamples are seen in experiments whose sample space is encoded through discrete random variables, in which the distribution can be given by a probability mass function; experiments whose sample space is nonnumerical, in which the distribution will be a categorical distribution and experiments with sample spaces encoded by constant random variables, in which the distribution could be specified by a probability density function.

A List of Probability Distributions

You can find literally infinitely numerous probability distributions. A list of a few of the more crucial distributions follows:

Chi-Square Distribution: this is for usage of determining how near observed quantities fit a proposed model

Binomial Distribution: this provides the number of successes for a number of independent experiments with two outcomes

Normal Distribution: this is known as the bell curve and is found during statistics.

F-Distribution: this is actually a distribution that is employed in analysis of variance (ANOVA)

Student's t Distribution: this is for utilize with small sample sizes from a normal distribution

Types of Probability Distributions

You can find two types of probability distributions:

1. Discrete probability distributions

The probability distribution of any discrete random variable is a listing of probabilities related to each of its possible values. It is also occasionally referred to as probability mass function or the probability function.

More formally, the probability distribution of any discrete random variable X is actually a function which provides the probability f(x) that the random variable equates to x, for each value x:

f(x) = P(X=x)

2. Continuous probability distributions

Explain an unbroken continuum of possible occurrences. A random variable is constant if it can consider any value in an interval. The number of possible values in an array is infinite, so the Probability(of a single value) = 0

Mean of Probability Distribution 

The mean of a discrete random variable X is actually a weighted average from the possible values that the random variable can consider. Unlike the sample mean of a group of observations, which provides each observation equivalent weight, the mean of a random variable weights each end result xi based on its probability, pi. The common symbol for that mean (also referred to as the expected value of X) is Ķ.

The mean of any random variable gives the long run average of the variable or the expected average end result over many observations.

Mean of probability distribution is given by:

Sum x*P(x) = 1*0.2 + 2*0.1 + 3*0.35 + 4*0.05 + 5*0.3 = 3.15

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