Hypergeometric
Discrete distribution for successes without replacement.
Parameters
Success: Number of "success" items in the population
Trials: Number of "trials" without replacement
Population: Number of items in the population
Applications
Applied in quality control for defect sampling without replacement, market research sampling finite populations, and inventory management with limited stock.
To integrate Monte Carlo samples in your scenarios, see the Scenarios - Monte Carlo module.
Outputs
Plot: Histogram of the distribution with selected Confidence Interval.
Data: Confidence Intervals, Summary Statistics and Percentiles. See a sample output.
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