SOLUTION: Provide an example of what differentiates a “Probability” from a “Probability Distribution”. In your example identify both the probability and the probability distribution.
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Question 734283: Provide an example of what differentiates a “Probability” from a “Probability Distribution”. In your example identify both the probability and the probability distribution.
Answer by Positive_EV(69) (Show Source): You can put this solution on YOUR website!
I think what this question is getting at is that a probability refers to the odds that a specific outcome happens, while the probability distribution gives the probabilities of all possible outcomes.
For example, the -probability- that I flip a coin and it comes up heads is 1/2, but the probability distribution of the results of a coin flip are:
Heads: basically 1/2
Tails: basically 1/2
Edge: "almost zero"
I don't think you need to mention the edge case but as a pedant I included it anyways. You never know :P
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