Discrete variable's values are also "disjoint," so we have the gaps in a discrete variable's probability distribution graph. While the formula for the expected value of a discrete variable may seem ...

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

In all examples of discrete random variables, the probabilities in the probability distribution table give the 'long-term' proportion of times that the random variable assumes each possible value.

In a number of situations we are faced with the problem of determining efficient estimates of the mean and variance of a distribution specified by (i) a non-zero probability that the variable assumes ...

Additionally, you will learn about conditional probability, random variables, probability distributions, and real-life applications of probability.

The classical method of studying a cumulative sum control scheme of the decision interval type has been to regard the scheme as a sequence of sequential tests, to determine the average sample number ...

(1) Généralités sur les probabilités; variables aléatoires (2) Théorie de l'addition des variables aléatoires (3) Random Variables and Probability Distributions (4) Les lois des grands ...