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probability distribution
(redirected from statistical 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

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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Cumulative probability distribution
Expected Return
Expected value

Kurtosis
Lognormal distribution
Monte Carlo simulation

Normal probability distribution
Normal random variable
Random walk

Skewed distribution
Standardized normal distribution

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