Probability Theory in Data Science

The 4 Most Common Probability Distributions Used in Data Science. Probability distributions are one of the most used concepts of maths that are used in various real-life applications. From weather prediction to the stock market to machine learning applications, different probability distributions are the basic building blocks of all these applications and more. Probability distributions are one of the most used concepts of maths that are used in various real-life applications. From weather prediction to the stock market to machine learning applications, different probability distributions are the basic building blocks of all these applications and more.