Continuous random variables can take any value within a range. Unlike discrete variables, they include fractional and decimal values. These variables are often modeled using probability distributions.

Abstract: To obtain the numerical value of the Uniform, Exponential and Pareto distributions is necessary to use numerical integration and its value is obtained by ...

The probability density function of a uniform random variable looks like a horizontal line segment over the support. This indicates that for any interval of a given length within the support, the ...

Abstract: This paper derives a new type of formula for the probability that, among a collection of items with s-independent exponential times to failure, a certain subset of them fails in a given ...

Continuous Variable: can take on any value between two specified values. Obtained by measuring. Discrete Variable: not continuous variable (cannot take on any value between two specified values).

The binomial distribution models the number of successes in a fixed number of independent Bernoulli trials, each with the same probability of success. The chi-square distribution is often used in ...

Amusement park patrons, wanting to go on a log ride, might not have to wait in line at all, they might have to wait for hours, or the wait could be anywhere in between. For a random log rider, the ...