Triangular distribution
When you know the minimum, maximum, and most-likely value of something but nothing else, the triangular distribution is the natural stand-in. It shows up in PERT schedules, Monte Carlo risk models, and anywhere a practitioner has to guess at uncertainty with three anchors.
What to notice
- Three knobs, piecewise linear. The density is a straight line up from a to the mode c and a straight line down to b. The peak height is always , independent of where the mode sits.
- Mode ≠ mean. Drag the mode toward one side and the mean stays at the average of the three vertices:
- Symmetric case. When c sits exactly at the midpoint, the distribution is symmetric and its variance simplifies to — the same as two uniforms added together.
Why it matters
It’s what you reach for when you can’t justify a Normal but have to sample something. In project-estimation tradition the mean is often approximated as , a PERT-style weighted average that sits between the triangular and a Beta fitted to the same three anchors.