Discover what a log-normal distribution is, its financial applications, and how to calculate it, including using Excel for ...

Boyan Dimitrov, Stefanka Chukova, David Green, Jr. Periodic random environments and mechanisms of their effect on imbedded random variables are discussed. The variables under consideration represent ...

The course covers the probability, distribution theory and statistical inference needed for advanced courses in statistics and econometrics. Michaelmas term: Probability. Conditional probability and ...

Define the normal and binomial random variables, know their probability distributions, use these distributions to solve for binomial and normal probabilities, and use the normal distribution to ...

Catalog : EECE.5840 Probability and Random Processes (Formerly 16.584) EECE.5840 — Graduate Id: 003318 Offering: 1 Credits: 3-3 Description Sample space, Field and Probability Measure. Axiomatic ...

Using a decomposition of the characteristic function of the logarithm of the product of independent generalized gamma-ratio random variables (r.v.'s), we obtain explicit expressions for both the ...

Random Variable and Probability Distributions – Random variable; Probability functions; Expectation and Variance of a random variable; Higher moments of a random variable; Binomial, Poisson ...

Repeated convolution and truncation of a truncated fat-tailed distribution, instead of Monte Carlo simulation, for pricing a ...