The Monte Carlo simulation technique, named for the famous Monaco gambling resort, originated during World War II as a way to model potential outcomes from a random chain of events. It is particularly ...

Explain why probability is important to statistics and data science. See the relationship between conditional and independent events in a statistical experiment. Calculate the expectation and variance ...

This course builds a rigorous foundation of probability. Topics covered include: basic concepts of probability theory and statistics, counting, axioms of probability, independence, Bayes rule, ...

This is a preview. Log in through your library . The Indian Statistical Institute (ISI), is a unique P. C. Mahalanobish institution devoted to the research, teaching and application of statistics, ...

The RANDOM statement defines the random effects constituting the vector in the mixed model. It can be used to specify traditional variance component models (as in the VARCOMP procedure) and to specify ...

Zelen and Dannemiller [8] proposed a general life distribution function using a weighted sum of Laguerre polynomials (with non-constant weights). Their results are extended here by obtaining the ...