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 ...

Upper bounds are derived for the probability that the sum S of n independent random variables exceeds its mean ES by a positive number nt. It is assumed that the range of each summand of S is bounded ...

Let x and y be two random variables with continuous cumulative distribution functions f and g. A statistic U depending on the relative ranks of the x's and y's is proposed for testing the hypothesis f ...