Statistics: Probability Distributions

<p><strong>Random Variable:&nbsp;</strong>All possible outcomes of a random experiment are random variables. A random variable set is denoted by&nbsp;<em>X</em>.</p> <h1>Discrete Distributions</h1> <h2>Bernoulli Distribution</h2> <p>We have a single trial (only one observation) and 2 possible outcomes. For example, flipping a coin. Let&rsquo;s say we accept&nbsp;<em>True</em>&nbsp;for heads. Then if the probability of getting heads is&nbsp;<em>p,</em>&nbsp;the probability of the opposite situation is<em>&nbsp;1-p.</em></p> <p><a href="https://ogre51.medium.com/statistics-probability-distributions-an-overview-51432ca22af"><strong>Learn More</strong></a></p>