Multiplication Rule

Multiplication Rule

Definition: The definition of conditional probability in equation can be rewritten to provide a general expression for the probabili...

Moment-generating function

Moment-generating function

In probability theory and statistics, the  moment-generating function  of a random variable is an alternative specification of its probabili...

Random Variables

Random Variables

When the numerical value of a variable is determined by a chance event, that variable is called a random variable. Discrete and Continu...