For the general case of jointly distributed random variables x and y, Goodman [3] derives the exact variance of the product xy. For the special case where x and y are stochastically independent, he ...

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Continuous Variable: can take on any value between two specified values. Obtained by measuring. Covariance: a measure of the direction of the linear relationship between two variables. Discrete ...

Richard A. Kronmal and Arthur V. Peterson, Jr. The alias method of Walker is a clever, new, fast method for generating random variables from an arbitrary, specified discrete distribution. A simple ...