I followed a Bob Ross Painting tutorial but instead of using paintbrushes, I used a bunch of random objects like a Snickers bar, a bag of Cheetos, and a toy car. Needless to say it didn't go fantastic ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Abstract: This paper derives new bounds on the difference of the entropies of two discrete random variables in terms of the local and total variation distances between their probability mass functions ...

Discrete structures are omnipresent in mathematics, computer science, statistical physics, optimisation and models of natural phenomena. For instance, complex random graphs serve as a model for social ...

Forecasting for any small business involves guesswork. You know your business and its past performance, but you may not be comfortable predicting the future. Using Excel is a great way to perform what ...

Abstract: Consider a system comprising sensors that communicate with a remote estimator by way of a so-called collision channel. Each sensor observes a discrete random variable and must decide whether ...

A random variable is a mathematical function that maps outcomes of random experiments to numbers. It can be thought of as the numeric result of operating a non-deterministic mechanism or performing a ...

A random variable is a variable whose possible values are numerical outcomes of a random phenomenon. It is a fundamental concept in probability and statistics, used to quantify and analyze random ...