DEFINITION of 'Uniform Distribution'
In statistics, a type of probability distribution in which all outcomes are equally likely. A deck of cards has a uniform distribution because the likelihood of drawing a heart, club, diamond or spade is equally likely. A coin also has a uniform distribution because the probability of getting either heads or tails in a coin toss is the same.
INVESTOPEDIA EXPLAINS 'Uniform Distribution'
There are two types of uniform distributions: discrete and continuous. The possible results of rolling a die provide an example of a discrete uniform distribution: it is possible to roll a 1, 2, 3, 4, 5 or 6, but it is not possible to roll a 2.3, 4.7 or 5.5.
RELATED TERMS

Symmetrical Distribution
A situation in which the values of variables occur at regular ... 
Multinomial Distribution
A distribution that shows the likelihood of the possible results ... 
Probability Distribution
A statistical function that describes all the possible values ... 
Conditional Probability
Probability of an event or outcome based on the occurrence of ... 
Unconditional Probability
The probability that an event will occur, not contingent on any ... 
Statistics
A type of mathematical analysis involving the use of quantified ...
Related Articles

Fundamental Analysis
Find The Right Fit With Probability Distributions
Discover a few of the most popular probability distributions and how to calculate them. 
Personal Finance
What is the average salary for an accountant?
Learn about the average salaries of various accounting positions, and see the difference that an accounting degree makes in attaining higher wages. 
Fundamental Analysis
Lognormal and Normal Distribution
When and why do you use lognormal distribution or normal distribution for analyzing securities? Lognormal for stocks, normal for portfolio returns. 
Economics
Is the Bureau of Labor Statistics accurate?
Read this brief analysis of the accuracy of Bureau of Labor Statistics, including a summary of the types of reports issued and how they are compiled. 
Economics
Where is cost of living lowest in the world?
Learn how the cost of living is the lowest in India based on numbers derived from the CPI and organizations like Expatistan and Numbeo. 
Investing Basics
Using Normal Distribution Formula To Optimize Your Portfolio
Normal or bell curve distribution can be used in portfolio theory to help portfolio managers maximize return and minimize risk. 
Economics
How does the Bureau of Labor Statistics define contingent workers?
Discover how contingent workers are a significant part of the labor force and are defined as persons who do not expect their jobs to last. 
Economics
How does the Bureau of Labor Statistics determine the Consumer Price Index (CPI)?
Changes in the average price level of more than 200 goods and services across the U.S. economy are used to determine the Consumer Price Index, or CPI. 
Economics
How is the cost of living index calculated?
Discover how calculations for cost of living indexes are made based on the average prices of common goods and services between different regions. 
Economics
How does the Bureau of Labor Statistics determine the unemployment rate?
Learn how estimates of the unemployment rate are made based on monthly surveys of American households that are conducted by the U.S. Census Bureau.