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The probability distribution that can be described by just one parameter is the
A) uniform.
B) normal.
C) exponential.
D) binomial.
Exponential Distribution
A continuous probability distribution used to model the time between events in a Poisson process, describing scenarios where events happen continuously and independently at a constant average rate.
One Parameter
Refers to statistical models or distributions that are characterized by a single variable that defines their behavior or shape.
Probability Distribution
A mathematical function that calculates the likelihood of various possible results in an experiment.
- Separate different types of probability distributions through comparison.
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Learning Objectives
- Separate different types of probability distributions through comparison.
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