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A discrete distribution is a statistical probability distribution that represents the possible discrete values a variable can take.
Subjective probability is a type of probability derived from an individual's personal judgment about whether a specific outcome is likely to occur.
In this note we wish to pass along an example that we have found useful when introducing the concepts of conditional probability and Bayes' Rule to undergraduate students. The advantages of this ...
We draw attention to some important nonlinear equations commonly arising in applied probability, review some known techniques to compute their minimal nonnegative solutions, propose improved iterative ...