Both in the mathematical sense and in the business world, an independent variable is one that stands alone and is not affected by outside forces. When it comes to evaluating cost in business, ...

Explore how covariance reveals relationships between variables, its role in financial planning, and its application in the stock market for better investment strategies.

The Annals of Mathematical Statistics, Vol. 41, No. 2 (Apr., 1970), pp. 710-712 (3 pages) A limit theorem for random sums of independent random elements of D[ 0, 1] is proved. The theorem extends and ...