Probability
Explore distributions
10 min
Learning goals
- •You can name and distinguish the most important distributions.
- •You understand how parameters shape a distribution.
- •You can interpret PDFs and CDFs.
0.0
1.0
Mean: 0.0000
Variance: 1.0000
Std. deviation: 1.0000
Formulas and worked example
Probability density function (PDF)
Expected value
Variance
Typical business example
Body heights, measurement errors, standardised test scores