This paper studies the approximation of extreme quantiles of random sums of heavy-tailed random variables, or, more specifically, subexponential random variables. A key application of this ...
A simple procedure for deriving the probability density function (pdf) for sums of uniformly distributed random variables is offered. This method is suited to introductory courses in probability and ...
Sankhyā: The Indian Journal of Statistics, Series A (1961-2002), Vol. 60, No. 2 (Jun., 1998), pp. 171-175 (5 pages) ...
It is certain that this bus will either be late or not late, which is a probability of 1 The missing value of a probability can be worked out by subtracting the known probabilities from 1 (100% when ...