Continuous Variable: can take on any value between two specified values. Obtained by measuring. Discrete Variable: not continuous variable (cannot take on any value between two specified values).

Expert judgment elicitation is often required in probabilistic decision making and the evaluation of risk. One measure of the quality of probability distributions given by experts is calibration-the ...

Continuous Variable: can take on any value between two specified values. Obtained by measuring. Covariance: a measure of the direction of the linear relationship between two variables. Discrete ...

Uniform distribution (continuous) In mathematics, the continuous uniform distributions are probability distributions such that all intervals of the same length are equally probable. When working with ...

As is well known, the normal distribution is a key tool in probability and statistics. It can be described as a distribution that obeys a universal rule derived from one of the most important theorems ...

In a recent paper, van Doorn (1991) explained how quasi-stationary distributions for an absorbing birth-death process could be determined from the transition rates of the process, thus generalizing ...