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Probability Assignment Help Presented By : Stat Analytica
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What is Probability Distribution The probability of a given event is an expression of possibility of occurrence of an event. A probability is a number which ranges from 0 to 1. Zero for an event which cannot occur and 1 for an event which is assured to occur. The joint probability of events occurring can be calculated based on the type of events. These events are with respect to each other - Independent events, mutually exclusive events, conditional probability, not mutually exclusive events, inverse probability and many more. In other word, we say probability and statistics are so fundamentally interrelated with each other. It is difficult to discuss statistics without an understanding the meaning of probability. Probability today has become one of the basic tools of statistics.
Types OF Probability Distributions • Bernoulli Distribution • Uniform Distribution • Binomial Distribution • Normal Distribution • Poisson Distribution • Exponential Distribution
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