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 apply Monte Carlo simulations to the inputs/outputs of your model, see the Scenarios - Monte Carlo module.

Hypergeometric

Outputs

Plot: Histogram of the distribution with selected Confidence Interval.

Data: Confidence Intervals, Summary Statistics and Percentiles. See a sample Monte Carlo output.

View demo for Normal distribution

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