The Monte Carlo simulation technique, named for the famous Monaco gambling resort, originated during World War II as a way to model potential outcomes from a random chain of events. It is particularly ...

It is known that the expected number of zeros in the interval (-1, 1) of the sum a0ψ0(t) + a1ψ1(t) + ⋯ + anψn(t), in which ψk(t) is the normalized Legendre polynomial of degree k and the coefficients ...

Fuzzy statistics and random variables represent a progressive fusion of traditional probability theory with the principles of fuzzy logic, enabling the treatment of imprecision and vagueness inherent ...

Apply arithmetic mean of frequency distribution to find the expected value of a random variable The expected value of discrete random variable as summation of product of discrete random variable by ...