Question

Uniform distribution with mean and standard deviation

Answer 1

Business Statistics For Dummies. The uniform distribution is used to describe a situation where all possible outcomes of a random experiment are equally likely to occur. You can use the variance and standard deviation to measure the “spread” among the possible values of the probability distribution of a random variable ...

Answer 2

Business Statistics For Dummies. The uniform distribution is used to describe a situation where all possible outcomes of a random experiment are equally likely to occur. You can use the variance and standard deviation to measure the “spread” among the possible values of the probability distribution of a random variable .