EECE.5840 — Online and Continuing Education Id: 003318 Offering: 2 Credits: 3-3 Description Sample space, Field and Probability Measure. Axiomatic definition of Probability. Bayes' theorem. Repeated ...

Discover what a log-normal distribution is, its financial applications, and how to calculate it, including using Excel for practical financial analysis.

Invariance of a random discrete distribution under size-biased permutation is equivalent to a conjunction of symmetry conditions on its finite-dimensional distributions. This is applied to ...

The DARMA (discrete mixed autoregressive-moving average) processes are a broad but parametrically simple class of models for a stationary sequence of dependent discrete random variables. A DARMA ...

A random variable that can take only a certain specified set of individual possible values-for example, the positive integers 1, 2, 3, . . . For example, stock prices are discrete random variables ...