1 Answer - Sort by: Date | Rating
Probability is the chance of happening something. Probability is commonly used in statistics, maths and science. Probability is usually measured in terms of frequency like if there are two events pass or failure, then the chances of happening an event or not is known as probability. On the other hand, probability distribution is the probability of an unidentifiable random variable or the probability of the value falling within a particular interval. In other words, it describes the values which are possibly attained by the random variable. Probability distribution is also considered as a spread or variability in almost any value which can be measured in a population.
0
0
- How To Achieve A Developed Country Status?
- What Do We Mean When We Say Instruments Of Foreign Policy?
- What Country Did The Cundiff Name Come From?
- Why Do Monopolies Threaten The Free Enterprise System?
- How Does Wilma Man Killer Contribute To The United States Economy?
- How Has Tesco's Been Affected By The Recession?
- What Factors Make Up National Income?
- What Type Of Economy Does Egypt Have?
- What Is The Type Of Money In Pakistan?
- How Can Nigeria Escape Economic Meltdown?
- Explain How The Fiscal Policy Can Be Used To Stabilize The Government?
- What Should India Do To Become A Prosperous And Secure Nation?
- How Can The Economic Effect The Business?
- Explain How Consumer Surplus Is Likely To Be Affected By Imposition Of An Indirect Tax?
- What Relationship Did India Make To Become Secure Country?
- How Has The Definition Of :hack"evolved Over The Last 30 Years?
- How Pakistan Could Correct Her Negative Balance Of Payment?
- How To Maximize Satisfaction?
- Who Introduced The Concept Of Consumer Surplus?
- What Are The Types Of Microeconomics?
- What Are The Long Term Effects Of Exercise On Joints?
- Is Iraq Still In Traditional Economy?
- To What Extent Can The Marginal Productivity Theory Be Used To Explain Wage Differentials Between The Dentist And The Office Clerk?
- Explain The Disparity In Educational Technology Advancement In Schools Of Industrialized FIRST WORLD COUNTRY And A Still Developing Country In Philippines?
- Explain What Is Meant By The Marginal Productivity Theory Of Factor Demand?

New Comment - Comments are editable for 5 min.