Sentences with phrase «of a random variable»

It represents the distribution of a random variable in the form of a bell curve, with the exact shape defined by the expected value and the standard deviation.

A statistical model uses a set of math equations to describe the behavior of something in terms of random variables and probability.

Thus the most efficient estimate of the value of E -LCB- U (t)-RCB-, the trend rate, is the mean value of the random variable given previously as

Expected Value — An expected value is associated with the areas of random variables.

: A measure of the dispersion of possible outcomes around the expected outcome of a random variable.

There are not 100 + independent observations of the random variable relevant to your claim that the 1995 - 2006 drying is caused by AGW (wp 0.75).

On the other hand, the distribution of the random variable L = g (X), depends on the specific shape of the density function and so will generally differ from distribution to distribution.

To determine the actuarial present value of the benefit we need to calculate the expected value E (Z)-LCB- \ displaystyle \, E (Z)-RCB- of this random variable Z. Suppose the death benefit is payable at the end of year of death.

In modern terminology, De Witt expressed the value of a life annuity as the expected value of a random variable.