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Beta Distribution (Graphical)

Beta Distribution:

Suppose x1, x2, … , xn are n independent values of a random variable uniformly distributed within the interval [0,1]. If you sort the values in ascending order, then the k-th value will have a beta distribution with parameters Math image , Math image . The density of beta distribution is given by

Math image

where Math image , Math image ; Math image is the gamma function.

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