The first step is to ensure that the given distribution actually is a valid probability distribution. As mentioned earlier, this involves checking two key properties: non-negativity and summation to ...

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 ...

The range of correlation coefficient of any bivariate discrete random vector with finite or countably infinite values is derived. We show analytically that the normal-transformed discrete bivariate ...

This is a preview. Log in through your library . Abstract This paper studies a new class of Z-valued random variables, called beta unimodal, which are 'dot products' (in the sense of Steutel and van ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...