Discover how probability distribution methods can help predict stock market returns and improve investment decisions. Learn ...

The range of correlation coefficient of any bivariate discrete random vector with finite or countably infinite values is derived. We show analytically that the normal-transformed discrete bivariate ...

The world is full of uncertainty: accidents, storms, unruly financial markets, noisy communications. The world is also full of data. Probabilistic modeling and the related field of statistical ...

Suppose that in a ballot candidate A scores a votes and candidate B scores b votes, and that all the possible voting records are equally probable. Corresponding to the first r votes, let α r and β r ...