Stochastic dynamical systems arise in many scientific fields, such as asset prices in financial markets, neural activity in ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

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 ...

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, ...

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 ...

On this page you will find the listing of graduate course descriptions (selected). See course listings for current semester, here. UB Registrar: Register for classes. Course information is subject to ...

Abstract: Moments of continuous random variables admitting a probability density function are studied. We show that, under certain assumptions, the moments of a random variable can be characterized in ...

Roll a die and ask students to identify the random variable. Since a die can only take on values of 1, 2, 3, 4, 5, or 6, this is a discrete random variable. Repeat ...