Central Limit Theorem states that the distribution of observation means approaches a normal distribution model as the sample size gets larger.| DeepAI
A Uniform Distribution is a distribution in which there equal probabilities across all the values in the set.| DeepAI
A Probability Density Function is a statistical expression used in probability theory as a way of representing the range of possible values of a continuous random variable. The area under the curve represents the interval of which a continuous random variable will fall, and the total area of the interval represents the probability that the variable will occur.| DeepAI
A Gaussian distribution, also known as a normal distribution, is a type of probability distribution used to describe complex systems with a large number of events.| DeepAI
Continuous random variables are variables with an infinite range of possible values, as opposed to discrete variables with defined ranges.| DeepAI
Probability Theory describes probabilities in terms of a probability space, typically assigning a value between 0 and 1, known as the probability measure, and a set of outcomes known as the sample space.| DeepAI
A Probability Distribution is the sum of the probabilities of the events occurring. There are two distinct types of probability distributions, continuous and discrete.| DeepAI