p values are extensively reported in practical hypothesis testing situations. Although carefully studied by Dempster and Schatzoff, the stochastic aspect of p values is often neglected. In this ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Apply arithmetic mean of frequency distribution to find the expected value of a random variable The expected value of discrete random variable as summation of product of discrete random variable by ...