Example of a Probability Density Function (PDF) The probability density function measures continuous variables. Having said that, it's important to note that stock and investment returns are ...

Normal Distribution Probability Density Function: The normal distribution, which the CLT describes, has its own characteristic PDF. This PDF has properties like being symmetrical and having its ...

A discrete distribution is a probability distribution that depicts the occurrence of discrete (individually countable) outcomes, such as 1, 2, 3, yes, no, true, or false.

In this paper, we propose a functional linear regression model in the space of probability density functions. We treat a cross-sectional distribution of individual earnings as an infinite dimensional ...