What Does PDF Stand For?
PDF stands for Probability Distribution Function
PDF, or Probability Distribution Function, is a statistical function that describes the likelihood of different outcomes in a random variable. It provides a comprehensive representation of possible values and their associated probabilities, allowing analysts to understand the distribution's shape, central tendency, and variability. PDFs are fundamental in statistical analysis, enabling the evaluation of risks and the modeling of various phenomena across diverse fields, including finance, engineering, and natural sciences.
Added on 14th April 2008 | Last edited on 16th June 2025 | Edit Acronym