Various properties of the new distribution were derived, using the baseline beta distribution, statistical techniques, and probabilistic axioms. These include the probability density, cumulative ...

The paper presents one method of sequential parameter estimation of probability distribution. Equations for theoretical probability distribution function, mathematical expectation and variance of ...

Using these properties and results we can determine the certainty equivalents as a function of the parameters of the distribution function (utility function) and the parameters of the probability ...

This paper presents a comprehensive study on wind power potential using measurement data spanning one year and collected from seven key locations in Libya: Murzuq, Sabha, Tripoli, Tarhuna, Ghadames, ...

It is shown that quantum mechanics cannot be formulated as a stochastic theory involving a probability distribution function of position and momentum. This is done by showing that the most general ...

The stochastic nature of renewable energy sources (RESs) necessitates treating power system frequency response as a random process with a nonstationary probability density function (PDF). Based upon ...