Amusement park patrons, wanting to go on a log ride, might not have to wait in line at all, they might have to wait for hours, or the wait could be anywhere in between. For a random log rider, the ...

A continuous random variable is a type of variable that can take on any value within a given range. Unlike discrete random variables, which have a countable number of outcomes, continuous random ...

Abstract: We deal with the problem of creating empirical CDF (ECDF) for a continuous random variable X, defined as time of an event of interest, such as failure or repair. The data sample to construct ...

A random variable is a mapping from every element in the sample space, i.e., every realization or outcome, to a real number. Technically, a random variable is measurable mapping, i.e., {w : X(w) <= x} ...

Abstract: In this work, we propose a unified approach to evaluating the CDF and PDF of indefinite quadratic forms in Gaussian random variables. Such a quantity appears in many applications in ...

This paper examines further the problem of approximating the distribution of a continuous random variable based on three key percentiles, typically the median (50th percentile) and the 5% points (5th ...

This paper considers a class of simultaneous equation models with both discrete and continuous random variables based on normally distributed latent random variables. The model set forth here contains ...