A random variable is one whose value is unknown or a function that assigns values to each of an experiment’s outcomes. A random variable can be discrete or continuous.

Monte-Carlo-Simulations-on-an-Exponentially-Distributed-Random-Variable To use MATLAB and Monte Carlo simulations to demonstrate that the exponentially distributed random variable X with parameter ...

This paper is concerned with the determination of tight lower and upper bounds on the expectation of a convex function of a random variable. The classic bounds are those of Jensen and ...

We present two novel methods for the generation of Fox's H-function distributed random variables (RVs), which have been recently used to model fading in various wireless communication scenarios. The ...

SIAM Journal on Applied Mathematics, Vol. 18, No. 4 (Jun., 1970), pp. 721-737 (17 pages) The probability density functions of products of independent beta, gamma and central Gaussian random variables ...