Geometric Distribution Simply Explained | by Egor Howell | Aug, 2022
A simple description and uses of the Geometric distributionPhoto by Moritz Kindler on UnsplashIn this article I want to discuss a common and easy to understand distribution in statistics, the Geometric distribution. This distribution is used in many industries such as finance, sports and commerce. Therefore, it is important to be aware of if you are a Data Scientist.In this post, we will go through its definition, intuition, a bit of mathematics and finally use it in an example problem.The Geometric distribution is a…