Discrete variable's values are also "disjoint," so we have the gaps in a discrete variable's probability distribution graph. While the formula for the expected value of a discrete variable may seem ...

In this paper we introduce discrete-time semi-Markov random evolutions (DTSMREs) and study asymptotic properties, namely, averaging, diffusion approximation, and diffusion approximation with ...

A new Berry-Esseen bound for nonlinear functionals of nonsymmetric and nonhomogeneous infinite Rademacher sequences is established. It is based on a discrete version of the Malliavin-Stein method and ...

Books Received Published: 01 January 1938 (1) Généralités sur les probabilités; variables aléatoires (2) Théorie de l'addition des variables aléatoires (3) Random Variables and Probability ...

A random variable that can take only a certain specified set of individual possible values-for example, the positive integers 1, 2, 3, . . . For example, stock prices are discrete random variables ...

The Monte Carlo simulation estimates the probability of different outcomes in a process that cannot easily be predicted because of the potential for random variables.