Continuous Variable: can take on any value between two specified values. Obtained by measuring. Covariance: a measure of the direction of the linear relationship between two variables. Discrete ...

For any chance variable x = (x1,⋯,xN) having known distribution, the translation parameter estimation problem is to estimate an unknown constant h, having observed y = (x1 + h,⋯,xN + h). Extending the ...

This is the ninth in a series of lecture notes which, if tied together into a textbook, might be entitled “Practical Regression.” The purpose of the notes is to supplement the theoretical content of ...

If you are interested in the real-world applications of numbers, discrete mathematics may be the concentration for you. Because discrete mathematics is the language of computing, it complements the ...

Stochastic dominance (SD) theory is concerned with orderings of random variables by classes of utility functions characterized solely in terms of general properties. This paper discusses a type of ...