Applications of Mathematical Distributions in Daily Life

In Mathematics, a mathematical function called the distribution function which gives the probability of occurrence of the various experimental outcomes. There are different types of distributions. Some of them are:
The above-mentioned distributions are called probability distributions. These are the important distributions in Maths, which are used for finding the probability of the experiment. Apart from these distributions, some other distributions are gamma distribution, beta distribution, uniform distribution, lognormal distributions, exponential distribution, geometric distributions and so on. Here, let’s discuss the real-time applications of the several probability distributions.
Probability Distributions with its Applications
Binomial Distribution:
Poisson Distribution:
Normal Distribution:
Chi-Square Distribution:
Exponential Distribution:
Gamma Distribution:
Lognormal Distribution:
Each distribution is characterised by its properties. We know that the different types of numbers in Maths is characterised by its properties such as associative property, commutative property, distributive property and commutative property. Likewise, the probability distribution also follows certain properties such as:
All the probabilities mentioned above should fall under either discrete distribution or continuous distribution.
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