This article is concerned with showing that the dependence of probable success between two reservoirs has far-reaching consequences for the expected value, volatility, and cumulative probability of ...

This is a preview. Log in through your library . Abstract This paper considers functional dependence from a general standpoint. Some basic ideas are explored and the extent of functional dependence ...

A family of concepts of dependence by reverse regular (DRR) rule is introduced. Interrelationships among DRR random variables are investigated. Relationships with other concepts of negative dependence ...

Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...

The point about this situation is that Pc can have any value in between 50%>Pc>0%. When one assigns any value whatsoever to Pc in the allowed range then the expected ...

Probability is a measure of the likelihood of events happening. The greater the proportion of times an event can happen the greater (or more likely) the probability. Events can be ordered by the ...