Distributions

Uniform Distribution:

The distribution of probability where probability of any outcome is equal, for instance dice.

Binomial Distribution:

The spread of successes in independent yes or no (success or failure) experiments that have a constant probability.

Poisson Distribution:

Modeling the probability of events in a. fixed interval that occur at a known average rate. Some conditions are -

- random variable is discrete and infinite,

- known average success rate in a the fixed interval,

- successes are independent of each other,

- not meaningful to talk about failure rate

Normal Distribution:

Commonly used bell shaped, unimodal, symmetric curve.