A Probability Density Function (PDF) helps identify the regions in the distribution where observations are more likely to occur, in other words, where the observation occurrence is more dense. It is ...

So far, you learned about discrete random variables and how to calculate or visualize their distribution functions. In this lesson, you'll learn about continuous variables and probability density ...

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 ...

We study nonparametric maximum likelihood estimation of a log-concave probability density and its distribution and hazard function. Some general properties of these estimators are derived from two ...