O'reilly distribution
WebDec 22, 2024 · A discrete distribution, as mentioned earlier, is a distribution of values that are countable whole numbers. On the other hand, a continuous distribution includes values with infinite decimal places. An example of a value on a continuous distribution would be “pi.” Pi is a number with infinite decimal places (3.14159…). WebDiscrete distribution is a very important statistical tool with diverse applications in economics, finance, and science. For example, it helps find the probability of an outcome and make predictions related to the stock market and the economy. Major types of discrete distribution are binomial, multinomial, Poisson, and Bernoulli distribution.
O'reilly distribution
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