9 Common Probability Distributions with Mean & Variance derivations
<p>I have been searching for the derivations (like many of you do too) of the well crammed formulae of Mean & Variance related to various probability distributions. Although, existence of such derivations is there already but in a scattered manner, so I decided to go through each one of them in detail and congregate my interpretation tagging them with much needed derivations of each. The quest for an end to end discussion of random variable probability distributions along with derivations of Mean and Variance for each has come to an end as you read this.</p>
<p>Finally in this blog, you will receive structured details about Random variable types and their different types of probability distributions with relevant examples. Every probability distribution discussed has a following pattern:</p>
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