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Madelyn Goodnight / Investopedia A probability distribution is a statistical function that describes all values a random variable can take within a given range and the likelihood that they will.
A normal distribution, for instance, is depicted by a bell-shaped curve with an uninterrupted line covering all values across its probability function. A discrete probability model is a ...
As is well known, the normal distribution is a key tool in probability ... unconstrained parameters and a very general intermediate function, the theoretical foundations and guarantees of a ...
In this paper, we propose a functional linear regression model in the space of probability density functions. We treat a cross-sectional distribution of individual earnings as an infinite dimensional ...