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 sampling a finite pool without replacement, such as testing loans or invoices in a portfolio review, defect sampling and audit sampling.

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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