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probability distribution
(redirected from Probablity Distribution)

    Also found in: Encyclopedia, Wikipedia 0.01 sec.
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
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.


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