Its density function is shown here, and it can be interpreted as having all the values between zero and 1 equally likely to occur.
| Beta distribution
form a useful class of distributions when random variable is restricted
to the unit of interval. In particular, when a
= b = 1, the beta distribution is called the
uniform distribution over the unit interval. Its density function is shown here, and it can be interpreted as having all the values between zero and 1 equally likely to occur. |
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