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 ...

Discover how probability distribution methods can help predict stock market returns and improve investment decisions. Learn ...

This course is compulsory on the BSc in Actuarial Science and BSc in Statistics with Finance. This course is available on the BSc in Business Mathematics and Statistics, BSc in Econometrics and ...

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 ...

Suppose that in a ballot candidate A scores a votes and candidate B scores b votes, and that all the possible voting records are equally probable. Corresponding to the first r votes, let α r and β r ...