The Maxwell–Boltzmann distribution describes the probability distribution of molecular speeds in a sample of an ideal gas.

The multinomial distribution is used in finance to estimate the probability of a given set of outcomes occurring. It's a probability distribution used in experiments with two or more variables.

In addition to predicting future sales levels, probability distribution can be a useful tool for evaluating risk. Consider, for example, a company considering entering a new business line.

Such distributions represent quantum states as probability distributions over phase space represent states in classical statistical mechanics. Many quasiprobabilities exist, the most famous being the ...

A probability distribution can help you make the most cost-effective choice in a purchasing decision. For example, assume you're deciding between awarding a service contract to a firm charging an ...

All sorts of physical processes in this analog world exhibit some degree of randomness. Think of noise, for example. Many noisy processes are described by Gaussian probability distributions. We should ...