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.

In mathematics and statistics, a probability distribution, more properly called a probability density, assigns to every interval of the real numbers a probability, so that the probability axioms ...

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

Journal of Applied Probability and Advances in Applied Probability have for four decades provided a forum for original research and reviews in applied probability, mapping the development of ...

In this paper we investigate operators that map one or more probability distributions on the positive real line into another via their Laplace-Stieltjes transforms. Our goal is to make it easier to ...

Managerial accounting both uses and depends on the information probability distributions supply. A probability distribution establishes a statistical relationship between two or more variables and ...

The Role of Probability Distribution in Business Management. Future events are far from certain in the business world. This is especially true for smaller businesses, which tend to have more ...