probability distribution

(redirected from Probablity Distribution)
Also found in: Financial, Encyclopedia.
Related to Probablity Distribution: Probability distribution function

probability distribution

n. Statistics
A function giving the theoretical probability of observing a random variable to have a particular value when the variable is discrete or to fall within a certain range when the variable is continuous.
American Heritage® Dictionary of the English Language, Fifth Edition. Copyright © 2016 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

probabil′ity distribu`tion


n.
a distribution of all possible values of a random variable together with an indication of their probabilities.
Random House Kernerman Webster's College Dictionary, © 2010 K Dictionaries Ltd. Copyright 2005, 1997, 1991 by Random House, Inc. All rights reserved.