When you want to find the probability of something happening for the first time while repeating an experiment, you use the geometric distribution. For example, you are throwing a six-faced die and you are expecting the number '6' to be thrown for the first time.
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poetry decorated with geomatric pattern
list all out of geomatric transformation
whats the circumferences of r=8
the empirical rules of probablility applies to the continuous probability distribution
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Exponential DistributionThe exponential distribution is a very commonly used distribution in reliability engineering. Due to its simplicity, it has been widely employed even in cases to which it does not apply. The exponential distribution is used to describe units that have a constant failure rate.
The distribution statement for your 401k account provides details about how and when you can withdraw funds from your account, including any taxes or penalties that may apply.
The central limit theorem basically states that for any distribution, the distribution of the sample means approaches a normal distribution as the sample size gets larger and larger. This allows us to use the normal distribution as an approximation to binomial, as long as the number of trials times the probability of success is greater than or equal to 5 and if you use the normal distribution as an approximation, you apply the continuity correction factor.