Long Tailed Distribution vs Uniform Distribution:
Long Tailed Data Distribution: in which, majority of data is aligned towards one side(say by sorting the count data in ascending or descending order) and so a tail forms with less amount of data distributed towards the lower end.
Uniform Distribution: in which, data is distributed uniformly across the plot.
Banking Domain Examples:
Long Tailed Distribution: Number of Customers using Internet banking from year 2000 to 2020
Uniform Distribution: Number of transactions per day for a month data
Long Tailed Distribution: Users enrolled for an insurance from start of commencement to current date.
Uniform Distribution: No. of insurance users, state wise
Long Tailed Distribution: number of students scoring below failing scores
Uniform Distribution: Number of students per class