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title: "Introduction - Probability parameters"
canonical: "https://modelassist.epixanalytics.com/space/EA/26574919/Introduction%20-%20Probability%20parameters"
format: markdown
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# Probability parameters

  


The following parameters provide numerical descriptions of a probability distribution's location, spread and shape:

### Measures of location

|  |  |
| --- | --- |
| - [Mode](https://epixanalytics.atlassian.net/wiki/spaces/EA/pages/26574923/)
- [Median](https://epixanalytics.atlassian.net/wiki/spaces/EA/pages/26574924/)
- [Mean](https://epixanalytics.atlassian.net/wiki/spaces/EA/pages/26574925/) | ![image](media://b3c59798-4126-40ad-b996-3a3d387b163a) |

  


  


### Measures of spread

|  |  |
| --- | --- |
| - [Variance](https://epixanalytics.atlassian.net/wiki/spaces/EA/pages/26574926/)
- [Standard deviation](https://epixanalytics.atlassian.net/wiki/spaces/EA/pages/26574927/) | ![image](media://3c6a2353-6013-48bf-af5e-42f4835c29fb) |

  


  


### Measures of shape

|  |  |
| --- | --- |
| - [Skewness](https://epixanalytics.atlassian.net/wiki/spaces/EA/pages/26574928/)
- [Kurtosis](https://epixanalytics.atlassian.net/wiki/spaces/EA/pages/26574928/) | ![image](media://38daa5f4-375c-4c46-a642-bcaec7ea1b85) |

  


  


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