Probability Distribution Notes: Probability is a fundamental aspect of mathematics that helps us understand and quantify uncertainty. Mastery of this subject is essential for students, as it has ...
Students of statistics and researchers in search of a stats review will appreciate the Probability-Distributions app designed by Dr. Matthew Bognar at the University of Iowa. The app includes ...
As is well known, the normal distribution is a key tool in probability and statistics. It can be described as a distribution that obeys a universal rule derived from one of the most important theorems ...
The authors propose a formal mathematical measure to assess the versatility (simplicity and adaptability) of parametric frequency and severity distributions before use. They compute and compare the ...
This course is compulsory on the BSc in Actuarial Science and BSc in Financial Mathematics and Statistics. This course is available on the BSc in Business Mathematics and Statistics, BSc in ...
A class of statistics is considered, which are based on order-statistics and have properties analogous to Student's t. They can be used to estimate a required quantile of a random variable or to test ...
This section describes the probability distributions available in the RELIABILITY procedure for probability plotting and parameter estimation. Refer to Lawless (1982, p. 240) for a description of the ...