# Probability function

(redirected from*Probability Functions*)

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Related to Probability Functions: probability distribution, Cumulative probability distribution

## Probability function

A measure that assigns a likelihood of occurrence to each and every possible outcome.

## Probability Function

In statistics, a measure of the probable distribution of some random variable. When plotted on a chart, the area under the graph represents the probable values of the random variable. It is used in foreign exchange and equities as a means of assessing probable future market trends.

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