Probability Distributions: Getting Started with Probability Distributions

Skillsoft issued completion badges are earned based on viewing the percentage required or receiving a passing score when assessment is required. Probability distributions are statistical models that show the possible outcomes and statistical likelihood of any given event and are often useful for making business decisions. Get familiar with the theoretical concepts around statistics and probability distributions through this course and delve into applying statistical concepts to analyze your data using Python. Start by exploring statistical concepts and terminology that will help you understand the data you want to use for estimations on a population. You'll then examine probability distributions - the different forms of distributions, the types of events they model, and the various functions available to analyze distributions. Finally, you'll learn how to use Python to calculate and visualize confidence intervals, as well as the skewness and kurtosis of a distribution. After completing this course, you'll have a foundational understanding of statistical analysis and probability distributions.