Definition, Meaning & Synonyms
cdf
Statistical term
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Definition
CDF stands for Cumulative Distribution Function, a statistical concept that describes the probability that a random variable takes on a value less than or equal to a specific value.
Examples
- The CDF of a normal distribution helps predict outcomes in various scenarios, from finance to natural phenomena.
- By analyzing the CDF, researchers can determine the likelihood of an event occurring within a given range.
Meaning
In probability theory and statistics, the cumulative distribution function shows the cumulative probability for a given value, allowing one to understand distributions of random variables.
Synonyms
- Cumulative Probability Function
- Distribution Function