Exploration of CDFs: Their Applications in Data Science

Introduction to CDFs

Cumulative Distribution Function (CDF) is a function that indicates the probability that a random variable $X$ takes on a value less than or equal to a specific value $x$. It’s the cumulative probability associated with a distribution.

Use Case of using CDFs: Analyzing Customer Wait Times to Optimize Service Efficiency

The use of CDFs in this example is to understand the overall wait time experience of customers. It allows business owners to specify …

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