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

Here is a table of the values for the cumulative distribution function of the standard normal distribution. These will be used to approximated binomial random variables. Here is another table with ...

Forecasting for any small business involves guesswork. You know your business and its past performance, but you may not be comfortable predicting the future. Using Excel is a great way to perform what ...

Abstract: Fuzzy random variable is a measurable mapping from a probability space to a collection of fuzzy variables. The variance is a fundamental concept for fuzzy random variables. Due to the ...

Abstract: In this paper, we develop efficient randomized algorithms for estimating probabilistic robustness margin and constructing robustness degradation curve for uncertain dynamic systems. One ...

Informally stated, we present here a randomized algorithm that given blackbox access to the polynomial f computed by an unknown/hidden arithmetic formula reconstructs, on the average, an equivalent or ...

A random variable is a variable whose possible values are numerical outcomes of a random phenomenon. It is a fundamental concept in probability and statistics, used to quantify and analyze random ...

The reader should be familiar with Random Variables. We are going to discuss about binomial random variable which is a discrete random variable that counts the number of times a specific event occurs ...