Can you share a probability distribution that deviates from the regular normal distribution? Also, can you give us some illustrations of an actual world situation where this distribution is applicable?

Question

Anonymous · Accepted Answer

A Tweedie distribution is not normal. It has a spike at value zero, and then a
distribution skewed having a very long tail on the right. There is no negative
value.
This is the distribution of auto insurance loss cost.

Can you share a probability distribution that deviates from the regular normal distribution? Also, can you give us some illustrations of an actual world situation where this distribution is applicable?

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