Probability Notes: Check detailed notes on Probability, designed to help class 10 and class 12 students deepen their understanding of the topic and enhance their exam preparation.

Variance is a measurement of the spread between numbers in a data set. Investors use the variance equation to evaluate a portfolio’s asset allocation.

Our approach is to first solve the corresponding non-linear Fokker–Planck equations and then use the well-known superposition principle to obtain weak solutions of the above SDE. The purpose of The ...

What Is the Normal Distribution? The normal distribution formula is based on two simple parameters— mean and standard deviation —that quantify the characteristics of a given dataset.

The Canadian Journal of Economics / Revue canadienne d'Economique, Vol. 18, No. 1, Econometrics Special (Feb., 1985), pp. 28-37 (10 pages) A computationally tractable, easily interpretable linear ...