Probability Distributions

One of the two types of question in Foretold is the "distribution" type, made for estimating continuous distributions.

Currently a very similar distribution input method is used as with the application Guesstimatearrow-up-right. All Guesstimate functionsarrow-up-right and distributions are supported.

Basic Input

The recommended way of entering most numbers is by using the basic input. Type

"10 to 30"

In order to submit a lognormal distribution with a 5th percentile at 10 and a 95th percentile at 30.

If the first number of these two is negative, then the distribution will be normal.

Function Input

If you would like to pick a specific distribution and it's corresponding parameters, you can use the function input. If you are entering a distribution, then you will need to refer to call a specific distribution. Here are a few common ones available. A longer list is herearrow-up-right.

Distribution

Use Cases

Syntax

Beta

Estimations proportions or percentages, where the answer must be between 0 and 1.

=beta(α,β)

Normal

Most uncertain things, where the uncertainty is symmetric around the median.

=normal(μ,σ)

Lognormal

Similar to normal, but with a long tail on the right. Cannot be 0 or less.

=lognormal(μ,σ)

Uniform

A flat distribution, where everything inside is equally likely.

=uniform(a,b)

Multimodal

Weighted combination of distributions, giving multiple peaks.

=mm(d1, ..., [w1, ...])

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