Continuous Variable: can take on any value between two specified values. Obtained by measuring. Discrete Variable: not continuous variable (cannot take on any value between two specified values).
Brazilian Journal of Probability and Statistics, Vol. 27, No. 1 (February 2013), pp. 1-19 (19 pages) We introduce a Bayesian analysis for beta generalized distributions and related exponentiated ...
Let X1, X2, ⋯ be i.i.d. and Yk = max{X1, X2, ⋯, Xk}. Then Xj is a record value of the sequence if $Y_{j} > Y_{j - 1}$. Denoting record value times by Ln, n = 1, 2 ...
Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Eric's career includes extensive work in both public and ...
Students of statistics and researchers in search of a stats review will appreciate the Probability-Distributions app designed by Dr. Matthew Bognar at the University of Iowa. The app includes ...