If you are a statistics student, am sure you have come across the word probability distribution. What does it mean? In today's post, we shall discuss in details all that is needed to understand probability distribution. We shall leave no stone unturned when it comes to this awesome statistics concept.
A probability distribution is simply a function that tends to describe the likelihood of acquiring possible values that random variables seem to assume. These possible values will vary depending on the underlying probability distribution.
Let's look at an example where you draw a random sample and measuring the heights of the subjects. When you measure heights, you will have to create a distribution of heights. Such type of distribution will help you know the possible outcomes that you are most likely to obtain, how you can spread the potential values and how you are likely to get different results. We will also learn about probability distributions that put into considerations the continuous variable and the discrete variables.
Here, we shall discuss more generally on the overall properties of probability distributions. As we had learned earlier, a probability distribution is a function that indicates how likely an event or outcome can occur. General features of the probability distribution are-
Also known as probability mass functions, discrete probability functions assume a discrete number of values. Examples of these discrete functions are events counts and coin tosses. When you are counting the number of events, you only count as 1, 2… and when tossing a coin, the only outcomes are either heads or tails. In discrete distributions, there are no any in-between values.
The possible values in discrete probability distribution functions have non-zero likelihoods. However, all these possible values must add up to 1. Hence, a single value should occur for every opportunity. For example, when rolling a die, the probability of a specific number must be 1/6.
Depending on the properties of your data, there are vast types of discrete probability distributions that one can use when modeling his or her data. These discrete probability distributions include:
In a continuous probability distribution, the variables assume an infinite number of values between 2 values. These types of variables are measured on a scale. They include weight, height, and temperature.
In a continuous probability distribution, unlike in discrete probability distribution, the specific values have zero probability.
There are three types of continuous probability distributions. Namely,
All these types of continuous probability distributions can fit skewed data.
For further information on statistics assignment help, do not hesitate to contact us through our email and live chats. We professionally assure you of an original, quality, timely delivery and extensively researched online homework service.