Generalized logistic distribution

The generalized logistic distribution is a type of probability distribution that is used to describe the spread of certain kinds of data. A probability distribution is a mathematical equation that tells us the likelihood, or chances, of a given event happening. The generalized logistic distribution helps us to predict the probability of different outcomes happening. Think of it like flipping a coin: the generalized logistic distribution can tell us the chances that the coin will land on heads or tails.