Systems of probability distributions

ID: systems-of-probability-distributions

A system of probability distributions refers to a collection or framework of probability distributions that describe the probabilities of different outcomes in a certain context, often involving multiple random variables or scenarios. This concept can be applied in various fields such as statistics, machine learning, economics, and decision theory. Here are several key aspects related to systems of probability distributions: 1. **Joint Distributions**: This refers to the probability distribution that covers multiple random variables simultaneously.

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