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Explaining probability plots

What they are, how to implement them in Python and how to interpret the results

Eryk Lewinson
Towards Data Science
9 min readApr 16, 2019

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1. Introduction

You might have already encountered one type of probability plots —Q-Q plots — while working with linear regression. One of the assumptions of the regression we should check after fitting the model is if residuals follow Normal…

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Data Scientist, quantitative finance, gamer. My latest book - Python for Finance Cookbook 2nd ed: https://t.ly/WHHP