This note suggests that expressing a distribution function as a mixture of suitably chosen distribution functions leads to improved methods for generating random variables in a computer. The idea is ...
The last time I looked at random walks, I used them to calculate the value of Pi for Pi Day. But what is a random walk, really? A mathematician will tell you that it's a stochastic process—a path ...
A simple procedure for deriving the probability density function (pdf) for sums of uniformly distributed random variables is offered. This method is suited to introductory courses in probability and ...