Probability Distributions in Engineering: Applications from Finance to Construction and Climate Risk Modeling 🧮 📉
🎯 Ever wondered how engineers predict system failures, optimize supply chains, or assess climate risks? It all comes down to probability distributions! In this guide, we break down key probability models—from finance to construction—giving you a practical, real-world understanding of how they shape engineering decisions. 📊 + The Bonus: Probability Distribution Calculator—our tool to experiment with different distributions in real-time.
