Probability distribution

Also called a probability function, a function that describes all the values that the random variable can take and the probability associated with each. The New York Times Financial Glossary

Financial and business terms. 2012.

Look at other dictionaries:

  • Probability distribution — This article is about probability distribution. For generalized functions in mathematical analysis, see Distribution (mathematics). For other uses, see Distribution (disambiguation). In probability theory, a probability mass, probability density …   Wikipedia

  • Probability Distribution — A statistical function that describes all the possible values and likelihoods that a random variable can take within a given range. This range will be between the minimum and maximum statistically possible values, but where the possible value is… …   Investment dictionary

  • probability distribution — The mathematical function describing the probability of different events, as described by values for a variable. A symmetrical distribution (one where to values are evenly distributed around the mean) is called a bell curve, a normal distribution …   Financial and business terms

  • probability distribution — /prɒbəˈbɪləti dɪstrəˌbjuʃən/ (say probuh biluhtee distruh.byoohshuhn) noun a listing of several measurement categories, or classes, with the probability of the observation of each. See frequency distribution …   Australian English dictionary

  • probability distribution — noun Date: 1920 probability function; also probability density function 2 …   New Collegiate Dictionary

  • probability distribution — noun : probability function ; also : probability density function 2 …   Useful english dictionary

  • probability distribution — noun A function of a discrete random variable yielding the probability that the variable will have a given value …   Wiktionary

  • probability distribution — a mathematical function that assigns to each measurable event in a sample space the probability that the event will occur …   Medical dictionary

  • probability distribution — Stats a mathematical formula showing the probability for each value of a variable in a statistical study …   The ultimate business dictionary

  • probability distribution — Statistics. a distribution of all possible values of a random variable together with an indication of their probabilities. [1935 40] * * * …   Universalium

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.