Introduction to probability, random processes and basic statistical methods to address the random nature of signals and systems that engineers analyze, characterize and apply in their designs. It ...

A random variable is one whose value is unknown or a function that assigns values to each of an experiment’s outcomes. A random variable can be discrete or continuous.

How to Generate a Random Variable With Normal Distribution in Excel. Forecasting for any small business involves guesswork. You know your business and its past performance, but you may not be ...

Users of small and personal computers do not have access to the libraries of generators of random variables provided by experts which have been common on large computer installations. This tutorial ...

By using one of the common stock probability distribution methods of statistical calculations, an investor may determine the likelihood of profits from a holding.

This note suggests that expressing a distribution function as a mixture of suitably chosen distribution functions leads to improved methods for generating random variables in a computer. The idea is ...