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.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

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.
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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.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
After the simulations were run, the samples were sorted according to PPD and represented as scatterplots alongside the probability distribution of the PPD.
Probability Distribution Characteristics of the Rock Material
The rth moment of a discrete probability distribution about X = 0 is defined by
Heitsch and Romisch [15] proposed a kind of fast forward and backward reduction to reduce the computational complexity, applying the discretization of possibility distribution instead of the initial continuous probability distribution. A scenario optimal reduction technique, introduced by Dupacova et al [14], applied the Foret-Mourier distance and duality theory to compute the distance between two probability measures.
The probability distributions of normal force chains are basically consistent for different f.
Meanwhile, the goal of the copula-based analysis of precipitation and SPEI is to obtain the conditional probability distributions of meteorological drought given different precipitation conditions.
It is found that the graphics become compressed; that is, the space probability distributions elongate along with the x- and y-axis and also the hole formed in the ring-shaped potentials expands towards the outside as the ring-shaped potential parameter b increases.
Similarly, the joint probability distribution of two-dimensional random variables (X Y) can be listed as follows:
We propose to use reduced probability distributions (RPD) to determine the number and type of modes in each arm.
In [5], we showed how to carry out the renormalization for discrete probability distributions, both mathematical and empirical.
Assigning probability distributions to the input variables
A probability distribution is a statistical model that shows the possible outcomes of a particular event or course of action as well as the statistical likelihood of each event.

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