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

Abstract: An efficient method for generating samples of two uniformly distributed random variables (RVs) on the interval (- 1,1) with prescribed correlation coefficients is proposed in this article.

Traditional probability-based structural reliability analysis method can only consider random uncertainties described by random distribution functions, which required sufficient experimental samples.

Abstract: The nonlinear estimation, due to R. A. Fisher, of the mean of a uniformly-distributed random variable given by the average of the extreme values of N samples is unbiased. Furthermore, the ...

In the real world, probability is a tough thing to characterize. If I roll a die, what does it mean to say that it has a one-sixth chance of coming up 5? We say that the outcome is random because we ...

A Gerber infant formula under voluntary recall for possible contamination with a germ that can seriously sicken babies was distributed to some US retailers even after the initial notice, according to ...

(Gray News) – Gerber says potentially contaminated baby formula reached retailers in several states despite a previously issued recall. The Perrigo Company issued a recall for 12.4-ounce cans of Good ...