The Poisson distribution is the discrete probability distribution of the number of events occurring in a given time period, given the average number of times the event occurs over that time period.

We study first passage percolation (FPP) on the configuration model (CM) having power-law degrees with exponent τ ∈ [1, 2) and exponential edge weights. We derive the distributional limit of the ...

Continuous Variable: can take on any value between two specified values. Obtained by measuring. Discrete Variable: not continuous variable (cannot take on any value between two specified values).

Abstract: The undirected graphical model, a popular class of statistical model, offers a way to describe and explain the relationships among a set of variables. However, it remains a challenge to ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

The probability density function of a uniform random variable looks like a horizontal line segment over the support. This indicates that for any interval of a given length within the support, the ...