A probability density function (PDF) describes the likelihood of different outcomes for a continuous random variable.

Fundamental methods are developed for the derivation of the probability density function and moments of rational algebraic functions of independent random variables. Laplace and Mellin integral ...

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 ...

The rate of convergence in the central limit theorem for functions of independent random variables is studied in a unifying approach. The basic result sharpens and extends a theorem of van Zwet.

Introduction to the theories of probability and random variables, and their applications in the analysis and modelling of engineering systems. Topics include: a review of probability and random ...