In a number of situations we are faced with the problem of determining efficient estimates of the mean and variance of a distribution specified by (i) a non-zero probability that the variable assumes ...

Colorblindness is caused by a recessive gene on the X chromosome. Since men have only one X chromosome, if a man carries the colorblindness allele (gene form), he will have the trait. Women have two X ...

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 ...

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Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. Learn about our ...

The Journal of the American Statistical Association (JASA) has long been considered the premier journal of statistical science. Science Citation Index reported JASA was the most highly cited journal ...

Abstract: A majority of probabilistic load flow studies assume independence or arbitrarily set linear correlation coefficients between the various loads and other inputs on the distribution system.

Learn how casino odds and probabilities work, what house edge means, and how to make smarter choices when playing online ...

Background to the Geological interpretation of individual deposits is carried out using a systematic approach to ensure that ...

Abstract: This article studies the stabilization problem for a class of discrete-time hidden semi-Markov jump linear systems with partly unknown emission probability matrix. By virtue of the improved ...