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A consequence of Article 3, Section 49a of the Texas Constitution, also known as the pay-as-you-go limit, is that
Poisson Distribution
A probability distribution that expresses the likelihood of a given number of events occurring in a fixed interval of time or space.
Normal Distribution
A type of continuous probability distribution for a real-valued random variable, characterized by a symmetric bell-shaped curve.
Binomial Distribution
A probability distribution that summarizes the likelihood that a variable will take one of two independent values under a given set of parameters.
Random Variable
A random variable is a variable whose possible values are numerical outcomes of a random phenomenon.
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