In this post, we’ll discuss some of the differences between fixed and random effects models when applied to panel data — that is, data collected over time on the same unit of analysis — and how these ...

What do you do, when you need a random number in your programming? The chances are that you reach for your environment’s function to do the job, usually something like rand() or similar. This… ...

A random variable is one whose value is unknown or a function that assigns values to each of an experiment’s outcomes. A random variable can be discrete or continuous.

Jensen gave a lower bound to Eρ (T), where ρ is a convex function of the random vector T. Madansky has obtained an upper bound via the theory of moment spaces of multivariate distributions. In ...

AWS Lambda Python example Ready to develop your first AWS Lambda function in Python? It really couldn’t be easier. The AWS Management Console’s built-in code editor first loads with a pre-existing, ...

Although these days we get to tap into many sources of entropy to give a pretty good illusion of randomness, home computers back in the 1980s weren’t so lucky. Despite this, their random numb… ...