You now know how to generate yet another kind of random variable. If you want you could, therefore, calculate the histogram by sampling. We are not going to do all that we are instead going to write a ...

1 Department of Mathematics and Statistics, Université de Moncton, Moncton, Canada. 2 The Applied Multivariate Research Group, Université de Moncton, Moncton, Canada. 3 Department of Mathematics and ...

The code you wrote for the last computer programming exercise, which did selection with replacement, was essentially the same as the code that you wrote to generate binomial random variables. In the ...

So, a friend of mine was bored one day and came up with this problem on his own (it related closely to some personal circumstances of his own). It intrigued me, but I have not been able to solve it.

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...