Why is normalization of a probability distribution important? What would one have to consider when working with

Question:

Why is normalization of a probability distribution important? What would one have to consider when working with a probability distribution that was not normalized?

Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Physical Chemistry

ISBN: 978-0321812001

3rd edition

Authors: Thomas Engel, Philip Reid

Question Posted: