Discover how probability distribution methods can help predict stock market returns and improve investment decisions. Learn ...

So far, the events we have encountered have discrete outcomes, such as obtaining heads or tails when tossing a coin. However, some events correspond to continuous outcomes. For example, imagine ...

Department of Computer Science, Metropolitan College, Boston University, Boston, MA, United States On the other hand, using MAD offers a direct measure of deviation and is more resilient to outliers.

1 Department of Mathematics, Kotebe University of Education, Addis Ababa, Ethiopia 2 Department of Statistics, Addis Ababa University, Addis Ababa, Ethiopia The main purpose of this paper is to ...

Abstract: While probability distribution functions are crucial for simulating random processes, research on these functions and their features is required. However, studies have demonstrated that in ...

In statistics, the expected value of a random variable is a measure of the central tendency of its probability distribution. In simple terms, it gives you an idea of what value you should expect to ...

1 Department of Business Administration and LaboMaths, University Julius Nyéréré of Kankan, Kankan, Guinea. 2 Faculty of Sciences, University Julius Nyéréré of Kankan, Kankan, Guinea. Several ...