Probability Distribution Notes: Probability is a fundamental aspect of mathematics that helps us understand and quantify uncertainty. Mastery of this subject is essential for students, as it has ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Vikki Velasquez is a researcher and writer who has ...

All sorts of physical processes in this analog world exhibit some degree of randomness. Think of noise, for example. Many noisy processes are described by Gaussian probability distributions. We should ...

We draw attention to some important nonlinear equations commonly arising in applied probability, review some known techniques to compute their minimal nonnegative solutions, propose improved iterative ...

The empirical rule describes how points are clustered in a normally-distributed data set. It states that 95% of data fall ...

In this note characterizations of the exponential distribution are discussed, based on a generalization of the lack of memory property. The result was motivated by the notion of 'relevation of ...