Negative Binomial
Discrete distribution for trials until a specified number of failures occur.
Parameters
Probability: Probability of success.
Shape: Shape of the distribution
Applications
Applied in modeling number of sales attempts to reach a quota, estimating failures before success in quality control, and analyzing customer acquisition efforts.
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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