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  2. Beta distribution - Wikipedia

    en.wikipedia.org/wiki/Beta_distribution

    In probability theory and statistics, the beta distribution is a family of continuous probability distributions defined on the interval [0, 1] or (0, 1) in terms of two positive parameters, denoted by alpha (α) and beta (β), that appear as exponents of the variable and its complement to 1, respectively, and control the shape of the distribution.

  3. Scale parameter - Wikipedia

    en.wikipedia.org/wiki/Scale_parameter

    In probability theory and statistics, a scale parameter is a special kind of numerical parameter of a parametric family of probability distributions. The larger the scale parameter, the more spread out the distribution.

  4. Failure mode, effects, and criticality analysis - Wikipedia

    en.wikipedia.org/wiki/Failure_Mode,_Effects,_and...

    The conditional probability number ... worksheet, or database form. ... With each on a scale from 1 to 10, the highest RPN is 10x10x10 = 1000. ...

  5. Probability distribution - Wikipedia

    en.wikipedia.org/wiki/Probability_distribution

    A discrete probability distribution is the probability distribution of a random variable that can take on only a countable number of values [15] (almost surely) [16] which means that the probability of any event can be expressed as a (finite or countably infinite) sum: = (=), where is a countable set with () =.

  6. Location–scale family - Wikipedia

    en.wikipedia.org/wiki/Location–scale_family

    In probability theory, especially in mathematical statistics, a location–scale family is a family of probability distributions parametrized by a location parameter and a non-negative scale parameter.

  7. Generalized Pareto distribution - Wikipedia

    en.wikipedia.org/wiki/Generalized_Pareto...

    In statistics, the generalized Pareto distribution (GPD) is a family of continuous probability distributions.It is often used to model the tails of another distribution. It is specified by three parameters: location , scale , and shape

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