Overview: In probability and statistics, it is important to understand the mean and variance for any random variables. In many applications, it is straightforward to simulate the random variable Y ’s, ...

A discrete random variable is a type of random variable that can take on a countable set of distinct values. Common examples include the number of children in a family, the outcome of rolling a die, ...

Please answer the following questions. Be sure that you have downloaded the associated Excel file before beginning the homework. This lesson uses the SumofMVSDHW.xlsx ...

A continuous random variable is a type of variable that can take on any value within a given range. Unlike discrete random variables, which have a countable number of outcomes, continuous random ...

Fréchet mean and variance provide a way of obtaining a mean and variance for metric space-valued random variables, and can be used for statistical analysis of data objects that lie in abstract spaces ...

Abstract: Fuzzy random variables possess several interpretations. Historically, they were proposed either as a tool for handling linguistic label information in statistics or to represent uncertainty ...