In this note characterizations of the exponential distribution are discussed, based on a generalization of the lack of memory property. The result was motivated by the notion of 'relevation of ...

Probability Distribution Notes: Probability is a fundamental aspect of mathematics that helps us understand and quantify uncertainty. Mastery of this subject is essential for students, as it has ...

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 ...

Charlene Rhinehart is a CPA , CFE, chair of an Illinois CPA Society committee, and has a degree in accounting and finance from DePaul University. Vikki Velasquez is a researcher and writer who has ...