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Probability distribution

In mathematics and statistics, a probability distribution, more properly called a probability density, assigns to every interval of the real numbers a probability, so that the probability axioms are satisfied.

One of many applications of probability distribution is by actuaries evaluating risk within the insurance industry..

For more information about the topic Probability distribution, read the full article at Wikipedia.org, or see the following related articles:

Note: This page refers to an article that is licensed under the GNU Free Documentation License. It uses material from the article Probability distribution at Wikipedia.org. See the Wikipedia copyright page for more details.

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