In this note it is shown that P(η - ξ > 0) can easily be calculated using tables of the bivariate normal distribution, where ξ, η are independent, ξ has a normal distribution, and η has a truncated ...

Recursive relations for objects of statistical interest have long been important for computation, and they remain so even with hugely improved computing power. Such recursions are frequently derived ...

The normal distribution (also known as the Gaussian distribution) is arguably the most important distribution in Statistics. It is often used to represent continuous random variables occurring in ...

Description: An introductory treatment of probability theory, including distribution and density functions, moments, and random variables. Applications of normal and exponential distributions.

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 ...