Probability Distributions (Binomial and Bernoulli Distributions)

What are probability distributions ?

Probability distribution is a summary of probabilities associated with all the possible outcomes of a random variable X. Probability Distributions have a particular shape that has properties like Mean(Expected Value), Variance, Skewness and Kurtosis.

Example

When we roll a fair dice, the probability of each outcome is equally likely, meaning $\frac{1}{6}$ . We can write it as seen below.

Outcome of Rolling a Dice	Probability

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