Probability Theory is a branch of mathematics concerned with the analysis of random phenomena, covering topics such as probability distributions, stochastic processes, and statistical inference.
Explore the binomial distribution, its definition, formula, applications, and detailed analysis with examples. Understand how this statistical probability distribution summarizes the likelihood of an event with two possible outcomes.
Explore the concept of uniform distribution, how it works, methods to calculate it, and real-world examples to deepen your understanding of this fundamental probability distribution.
