Editing Probability Distributions (section)

== <span style="color: #FFFFFF;">Analyzing</span> ==
{| class="wikitable"
|+ Normal vs. Poisson vs. Power Law
! Feature !! Normal (Bell Curve) !! Poisson (Arrivals) !! Power Law (Rich-get-richer)
|-
| Shape || Symmetric / Thin Tails || Lopsided / Skewed || "The Long Tail"
|-
| Example || Heights / IQ || Calls to a Help Center || Wealth / Internet Traffic
|-
| Extremes || "Impossible" (6-sigma) || Rare || "Common" (Black Swans)
|-
| Driver || Adding random things || Random events in time || Positive Feedback
|}

'''The Concept of "Variance"''': Analyzing why "The Spread" matters. In gambling, a "High Variance" game (like a Slot Machine) means you might win big or lose everything. A "Low Variance" game means you win or lose small amounts slowly. Variance is the "Measure of Uncertainty."
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