A random variable that can take only a certain specified set of individual possible values-for example, the positive integers 1, 2, 3, . . . For example, stock prices are discrete random variables, ...

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 ...

For any chance variable x = (x1,⋯,xN) having known distribution, the translation parameter estimation problem is to estimate an unknown constant h, having observed y = (x1 + h,⋯,xN + h). Extending the ...

Continuous Variable: can take on any value between two specified values. Obtained by measuring. Covariance: a measure of the direction of the linear relationship between two variables. Discrete ...

This is the ninth in a series of lecture notes which, if tied together into a textbook, might be entitled “Practical Regression.” The purpose of the notes is to supplement the theoretical content of ...

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 ...