Probability density function is a statistical expression defining the likelihood of a series of outcomes for a ... Joint Probability: Definition, Formula, and Example. Linear Relationship ...

A probability density function (PDF) describes the likelihood of different outcomes for a continuous random variable. ... Higher values mean a higher chance, while lower values mean a lower chance.

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 ...