Let’s start by understanding what the probability distribution is. What is a probability distribution? In mathematics, especially in probability theory and statistics, probability distribution ...

Multi-Class means that Random Varivance are more than 2. N Times means that we also consider prior probability P(X). To learn more about probability, I recommend reading [pattern recognition and ...

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 ...

Abstract: An important, but often neglected, part of any sound simulation study is that of modeling each source of system randomness by an appropriate probability distribution. We first give some ...

David Harper is the CEO and founder of Bionic Turtle. He is also a published author with a popular YouTube channel on expert finance topics. Almost regardless of your view about the predictability or ...