You can use the RAND () function to establish probability and create a random variable with normal distribution.

This article provides an alternative method of finding the distribution of a function of one or more random variables using the Dirac generalized function. Unlike the conventional change-of-variable ...

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

Characteristic and generating functions. Vector formulation of random variables and their parameters. Mean square estimation and orthogonality principle. Criteria for estimators. Introduction to ...

Zelen and Dannemiller [8] proposed a general life distribution function using a weighted sum of Laguerre polynomials (with non-constant weights). Their results are extended here by obtaining the ...

The course covers the probability and distribution theory needed for third year courses in statistics and econometrics.: Events and their probabilities. Random variables. Discrete and continuous ...