Probability Distributions in Python: A Practical Guide for Beginners

Probability distributions are an essential component of statistical analysis in many fields, including finance, economics, engineering, and social sciences. Probability distributions provide a mathematical representation of the likelihood of different outcomes in a given scenario. Understanding probability distributions is crucial because it enables us to make inferences and predictions based on data. Before performing any analysis, it is important to understand the probability distribution that underlies the data. Different data sets follow different probability distributions, and understanding the distribution can help us choose the appropriate statistical techniques for analysis. <a href="https://medium.com/@patil.manojkumar/probability-distributions-in-python-a-practical-guide-for-beginners-3164f198a398">Website</a>