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 ...

Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Suzanne is a content marketer, writer, and fact-checker.

Brazilian Journal of Probability and Statistics, Vol. 35, No. 3 (2021), pp. 435-441 (7 pages) The aim of this note is to give an elegant proof of a result due to E. G. Olds which concerns the density ...

Forecasting for any small business involves guesswork. You know your business and its past performance, but you may not be comfortable predicting the future. Using Excel is a great way to perform what ...

The weak convergence of empirical distribution functions subject to random perturbations and scale factors to a Gaussian process is established. This result is used to study the efficiencies of tests ...