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

Background Annually, 4% of the global population undergoes non-cardiac surgery, with 30% of those patients having at least ...

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 ...

A courseware module that covers the fundamental concepts in probability theory and their implications in data science. Topics include probability, random variables, and Bayes' Theorem.

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 ...

Probability distribution is an essential concept in statistics, helping us understand the likelihood of different outcomes in a random experiment. Whether you’re a student, researcher, or professional ...