Discover how probability distribution methods can help predict stock market returns and improve investment decisions. Learn ...

Abstract: The article examines statistical properties of cumulative estimates of the bounds of the mathematical expectation of a discrete random variable and point estimates constructed on their basis ...

Probability distributions are fundamental tools in statistics and probability theory, offering a mathematical framework to describe the likelihood of different outcomes in a random experiment or ...

Today we're looking at HyperLogLog, an algorithm that leverages random chance to count the number of distinct items are in a dataset. It does this by tracking the longest run of zeros in a binary ...

Are you stuck with workplace problems that you can't solve? Make your problem front and center. When you say that you're "a firefighter," you don't mean the firefighter who runs into buildings with ...

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 ...

The COS method was introduced in Fang & Oosterlee (2008) and then was applied to pricing a variety of stock options for continuous random variables. This paper adapts the Fourier-cosine series (COS) ...