In this article, we show a dynamic graphic in Excel that is used to introduce an important concept in our subject, Statistics I: the probability density function. This interactive graphic seeks to ...

Probability density function is a statistical expression defining the likelihood of a series of outcomes for a continuous variable, such as a stock or ETF return.

Learn how to use kernel density estimation, a technique that approximates the probability density function of a random variable in machine learning, and how to choose the best kernel function and ...

Abstract: The relationship between the results of probability density function (PDF) estimation based on Parzen windows method and the number of observed samples is demonstrated in this paper. Based ...