The probability distribution is a type of statistical calculation used by traders to demonstrate the likelihood that a particular variable will lie within a certain range on a potting chart.

In addition to predicting future sales levels, probability distribution can be a useful tool for evaluating risk. Consider, for example, a company considering entering a new business line.

That makes this a great time to play the “Probability Game.” Here’s my first MoneyShow Chart of the Day - a probability distribution table produced by the CME FedWatch tool .

A uniform distribution is a probability distribution where all outcomes are equally likely. ... so it would be plotted on a chart with a line from the y-axis at 0.50. Key Takeaways.