Fundamental methods are developed for the derivation of the probability density function and moments of rational algebraic functions of independent random variables. Laplace and Mellin integral ...

Advances includes a section dedicated to stochastic geometry and its statistical applications. The Applied Probability Trust is a non-profit publishing foundation established in 1964 to promote study ...

Expected value describes the long-term average level of a random variable based on its probability distribution. The EV of a stock or other investment is an important consideration and is used in ...