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 first step is to ensure that the given distribution actually is a valid probability distribution. As mentioned earlier, ...

Probability theory forms the mathematical backbone for quantifying uncertainty and random events, providing a rigorous language with which to describe both everyday phenomena and complex scientific ...

The world is full of uncertainty: accidents, storms, unruly financial markets, noisy communications. The world is also full of data. Probabilistic modeling and the related field of statistical ...

We consider functions φ having the following properties: φ(0)=1, φ(-t) = φ(t) φ is continuable to a function analytic in the upper halfplane. We discuss the problem under which conditions such a ...

For stationary isotropic random functions on a Euclidean space, we characterize and compare the mean values of certain geometric measures of the smoothness of realizations. In particular we examine ...