The first step is to ensure that the given distribution actually is a valid probability distribution. As mentioned earlier, ...

Given N ten sided dice, and a target number k, what is the probability of acheiving at least n successes if:<BR><BR>a) A die is counted a success if the number rolled on it is greater to or equal to ...

Stochastic dominance (SD) theory is concerned with orderings of random variables by classes of utility functions characterized solely in terms of general properties. This paper discusses a type of ...

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 ...

The weak convergence of empirical distribution functions subject to random perturbations and scale factors to a Gaussian process is established. This result is used to study the efficiencies of tests ...