In this paper, we propose a new transformation of circular random variables based on circular distribution functions, which we shall call inverse distribution function (idf) transformation. We show ...

Roberts and Geisser, Roberts, and Block have discussed characterizations of random variables certain functions of which have a prescribed distribution. Their results are simplified, unified, and ...

A random variable is a mathematical function that maps outcomes of random experiments to numbers. It can be thought of as the numeric result of operating a non-deterministic mechanism or performing a ...

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 ...