Many gamblers rely on the law of averages to convince themselves to play another hand, but they have a fundamental misunderstanding of statistics.

A large Danish study recently provided reassurance that aluminum-containing vaccines are not associated with increased rates ...

Applied Computational Psychiatry Lab, Mental Health Neuroscience Department, Division of Psychiatry and Max Planck UCL Centre for Computational Psychiatry and Ageing Research, Department of Imaging ...

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

Displaying discrete random variables Probability distributions are used to organise and display the outcomes and probabilities of discrete random variables. This makes it easier to see all possible ...

Continuous random variables Continuous random variables A continuous random variable is a type of variable that can take on any value within a given range. Unlike discrete random variables, which have ...

Numerical examples show the effectiveness of the method. Finally, we include a section with developments posterior to the original publication of this work. There we review sparse grid stochastic ...

In this correspondence, we give a sufficient condition for the exponential decay of the tail probability of a nonnegative random variable. We consider the Laplace-Stieltjes transform of the ...

Article citations More>> Song, I., Ryoung-Park, S., & Yoon, S. (2022). Probability and Random Variables: Theory and Applications. Springer International Publishing. has been cited by the following ...

Books Received Published: 01 January 1938 (1) Généralités sur les probabilités; variables aléatoires (2) Théorie de l'addition des variables aléatoires (3) Random Variables and Probability ...