# probability distribution

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## Probability distribution

A function that describes all the values a random variable can take and the probability associated with each. Also called a probability function.

## Probability Distribution

All the possible values a random variable can take under a given set of circumstances, as well as the probability that it will take each value. A normal probability is a bell curve.

## probability distribution

The distribution of possible outcomes to an event along with the probability of each potential outcome. This statistical tool is used to measure the risk associated with events such as shooting craps, playing cards, or investing in securities.
References in periodicals archive ?
The control (right) panel contains a list box to select a probability distribution for the population, a spin button for a sample size selection, a list box for selecting multiple samples at once, and two command buttons for animation (a single sample or multiple samples).
Monte Carlo simulation involves assigning probability distributions to one or more key variables in an analysis.
Having established an overall strong relationship between the probability distributions of all radiocarbon dates and 'standard' culture dates, the question remains as to whether certain cultures correlate better with their associated radiocarbon dates than others.
Mathematically, a BNs represents a joint probability distribution P over a set of random variables X = {[X.
One important property of BNs is their ability to represent the joint probability distribution P([A.
Appendix A Probability distributions of the four slot games PAYOUT FOR 1 CREDIT WAGER EVENT Probability 88% 91% 94% 97% Game Game Game Game 1 0.
Compounding of "economic news" steps from more minimum market ticks avoids obtaining unrealistic probability distributions according to figures 6, 7, 9 where we do a mix of distributions of shorter steps and longer steps which cannot be compounded.
Information-type measures of difference of probability distributions and indirect observations.
These three characteristics are uncertain quantities and uncertainty related to them must be modelled by means probability distributions.
As an illustration, the exceedance probability distributions plotted as a function of [ACR.
As it was already mentioned, in the analysed case portfolio is composed of three assets, for which the perspective of unit capital investment one step period is described respectively by certain probability distributions of possibilities.

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