>The continuous distributions with outcomes in the interval <span class="math inline">\([0,1]\)</span> are used to characterized bounded quantities, including probabilities.</p>
<section id="beta-distribution" class="level2">
<h2 class="anchored" data-anchor-id="beta-distribution">Beta distribution</h2>
<section id="probability-density-function" class="level3">
<h3 class="anchored" data-anchor-id="probability-density-function">Probability density function</h3>
<p>If <span class="math inline">\(\alpha \in \m