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

Probability Distribution of a Discrete Random Variable--Each discrete random variable can only assume a finite or countably infinite number of values. If a table is made associating the probability of ...

Fundamental notions such as random variables, distribution functions and probability density functions facilitate the analysis of both discrete and continuous outcomes.

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 ...

Probability, statistics, reliability and decision with applications in engineering. Probability of events, discrete and continuous random variables, probability density functions and distributions, ...

A necessary condition is given for the convergence of distributions of the sums of a random number of independent random variables. This is made on the basis of a theorem which gives sufficient ...

A Poisson distribution is a statistical distribution showing the likely number of times that an event will occur within a specified period of time.

Probability Distribution of a Discrete Random Variable--Each discrete random variable can only assume a finite or countably infinite number of values. If a table is made associating the probability of ...