A uniform distribution is a probability distribution where all outcomes are equally likely. Due to its limited and unique values, a die exhibits uniform distribution.

The multinomial distribution is a type of probability distribution used in finance to determine the likelihood of a certain set of outcomes.

Probability Notes: Check detailed notes on Probability, designed to help class 10 and class 12 students deepen their understanding of the topic and enhance their exam preparation.

All sorts of physical processes in this analog world exhibit some degree of randomness. Think of noise, for example. Many noisy processes are described by Gaussian probability distributions. We should ...

W. Van Winkle defined the utilization distribution (UD) as a probability density that gives an animal's relative frequency of occurrence in a two-dimensional (x, y) plane. We extend Van Winkle's work ...