We want to generate 10,000 Uniformly distributed random number on [0,1] using LGM and compare with built-in python function. LGM empirical mean = 0.4996 LGM empirical standard deviation = 0.2872 Built ...

ABSTRACT: The purpose of this study is to compare a negative binomial distribution with a negative binomial—Lindley by using stochastic orders. We characterize the comparisons in usual stochastic ...

Density function, distribution function, quantile function and random number generation for the sum of independent non-identical binomial distribution with parameters size and prob.

In the early development of probability theory, only discrete random variables (although not called random variables at the time) were considered. Isaac Newton (1643-1727) considered the idea of ...

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 ...

In the board game "Chick-a-Pig," a cow that sits in the center of the board and creates an obstacle for players attempting to move across the board. On each turen, a player rolls a die to determine ...