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  2. Sum of normally distributed random variables - Wikipedia

    en.wikipedia.org/wiki/Sum_of_normally...

    This means that the sum of two independent normally distributed random variables is normal, with its mean being the sum of the two means, and its variance being the sum of the two variances (i.e., the square of the standard deviation is the sum of the squares of the standard deviations). [1]

  3. Like terms - Wikipedia

    en.wikipedia.org/wiki/Like_terms

    As this example shows, when like terms exist in an expression, they may be combined by adding or subtracting (whatever the expression indicates) the coefficients, and maintaining the common factor of both terms. Such combination is called combining like terms or collecting like terms, and it is an important tool used for solving equations.

  4. Covariance - Wikipedia

    en.wikipedia.org/wiki/Covariance

    A distinction must be made between (1) the covariance of two random variables, which is a population parameter that can be seen as a property of the joint probability distribution, and (2) the sample covariance, which in addition to serving as a descriptor of the sample, also serves as an estimated value of the population parameter.

  5. Joint probability distribution - Wikipedia

    en.wikipedia.org/wiki/Joint_probability_distribution

    For example, for A the first of these cells gives the sum of the probabilities for A being red, regardless of which possibility for B in the column above the cell occurs, as ⁠ 2 / 3 ⁠. Thus the marginal probability distribution for A {\displaystyle A} gives A {\displaystyle A} 's probabilities unconditional on B {\displaystyle B} , in a ...

  6. Summation - Wikipedia

    en.wikipedia.org/wiki/Summation

    In mathematics, summation is the addition of a sequence of numbers, called addends or summands; the result is their sum or total.Beside numbers, other types of values can be summed as well: functions, vectors, matrices, polynomials and, in general, elements of any type of mathematical objects on which an operation denoted "+" is defined.

  7. Distribution of the product of two random variables - Wikipedia

    en.wikipedia.org/wiki/Distribution_of_the...

    The product is one type of algebra for random variables: Related to the product distribution are the ratio distribution, sum distribution (see List of convolutions of probability distributions) and difference distribution. More generally, one may talk of combinations of sums, differences, products and ratios.

  8. How to calculate the present and future value of annuities - AOL

    www.aol.com/finance/calculate-present-future...

    For example, a lottery winner may opt to receive a series of payments over time instead of a single lump sum distribution. This can also be called an annuity. Two terms related to annuities are ...

  9. Convolution of probability distributions - Wikipedia

    en.wikipedia.org/wiki/Convolution_of_probability...

    The probability distribution of the sum of two or more independent random variables is the convolution of their individual distributions. The term is motivated by the fact that the probability mass function or probability density function of a sum of independent random variables is the convolution of their corresponding probability mass functions or probability density functions respectively.

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