Posted inSaving and Investing
Estimating Parameters of Random Variables in Microsoft Excel
Estimates of parameters of random variables are values that approximate the true characteristics of the…
Posted inSaving and Investing
Understanding Linear Regression in Excel
Linear regression is a technique used to model the relationships between observed variables. The idea…
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Understanding Joint Distribution of Random Variables in Excel
A joint distribution of random variables is a way of describing how the probabilities of…
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Binomial Convergence Theorem in Excel Formulas
The Binomial Convergence Theorem is a mathematical result that tells us when and how we…
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Moment Generating Function Convergence Theorem in Excel
The Moment Generating Function Convergence Theorem is a result in probability theory that relates the…
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Central Limit Theorem in Excel
The Central Limit Theorem is a statistical concept that describes how the average of a…
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Continuous Random Variables in Excel
A continuous random variable is a type of variable that can take any value in…
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Independence of Random Variables in Excel
Independence of random variables is a concept in probability theory that describes how two or…
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Discrete Random Variables in Excel
A discrete random variable is a type of variable that can only take a certain…
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Hölder’s inequality in Excel Formulas
Hölder's inequality is a generalization of the Cauchy-Schwarz inequality, which is a well-known result in…
