Showing posts with label Binomial distribution. Show all posts
Showing posts with label Binomial distribution. Show all posts

Sunday, April 21, 2019

Recursions for the Moments of Some Discrete Distributions

You could say, "Moments maketh the distribution". While that's not quite true, it's pretty darn close.

The moments of a probability distribution provide key information about the underlying random variable's behaviour, and we use these moments for a multitude of purposes. Before proceeding, let's be sure that we're on the same page here.

Saturday, January 19, 2013

Sums of Random Variables

I'm currently teaching first-level course in statistical inference for  (mostly) economics students. They've taken a one-semester course in descriptive (economic) statistics, and now we're dealing with sampling distributions, estimation, hypothesis testing, and simple regression analysis.