B.F. Skinner was a renowned American psychologist and behaviorist. He made great contributions to the fields of psychology and sociology and one of his most helpful theories was that of operant ...

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 ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

A random variable that can take only a certain specified set of individual possible values-for example, the positive integers 1, 2, 3, . . . For example, stock prices are discrete random variables, ...

In this paper we define the concept of a normal fuzzy random variable and we prove the following representation theorem: Every normal fuzzy random variable equals the sum of its expected value and a ...