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, ...
This is a preview. Log in through your library . Abstract The problem of sequentially testing whether the mean of a normal distribution is positive has been approximated by the continuous analogue ...
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 ...