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  2. Algorithms for calculating variance - Wikipedia

    en.wikipedia.org/wiki/Algorithms_for_calculating...

    Next consider the sample (10 8 + 4, 10 8 + 7, 10 8 + 13, 10 8 + 16), which gives rise to the same estimated variance as the first sample. The two-pass algorithm computes this variance estimate correctly, but the naïve algorithm returns 29.333333333333332 instead of 30.

  3. Stein's method - Wikipedia

    en.wikipedia.org/wiki/Stein's_method

    Stein's method is a general method in probability theory to obtain bounds on the distance between two probability distributions with respect to a probability metric.It was introduced by Charles Stein, who first published it in 1972, [1] to obtain a bound between the distribution of a sum of -dependent sequence of random variables and a standard normal distribution in the Kolmogorov (uniform ...

  4. Probability-generating function - Wikipedia

    en.wikipedia.org/wiki/Probability-generating...

    The probability generating function of a binomial random variable, the number of successes in trials, with probability of success in each trial, is () = [() +]. Note : it is the n {\displaystyle n} -fold product of the probability generating function of a Bernoulli random variable with parameter p {\displaystyle p} .

  5. Monte Carlo method - Wikipedia

    en.wikipedia.org/wiki/Monte_Carlo_method

    the (pseudo-random) number generator has certain characteristics (e.g. a long "period" before the sequence repeats) the (pseudo-random) number generator produces values that pass tests for randomness; there are enough samples to ensure accurate results; the proper sampling technique is used; the algorithm used is valid for what is being modeled

  6. Variance - Wikipedia

    en.wikipedia.org/wiki/Variance

    In probability theory and statistics, variance is the expected value of the squared deviation from the mean of a random variable. The standard deviation (SD) is obtained as the square root of the variance. Variance is a measure of dispersion, meaning it is a measure

  7. Bootstrapping (statistics) - Wikipedia

    en.wikipedia.org/wiki/Bootstrapping_(statistics)

    This results in an approximately-unbiased estimator for the variance of the sample mean. [48] This means that samples taken from the bootstrap distribution will have a variance which is, on average, equal to the variance of the total population. Histograms of the bootstrap distribution and the smooth bootstrap distribution appear below.

  8. Chebyshev's inequality - Wikipedia

    en.wikipedia.org/wiki/Chebyshev's_inequality

    Chebyshev's inequality is more general, stating that a minimum of just 75% of values must lie within two standard deviations of the mean and 88.88% within three standard deviations for a broad range of different probability distributions.

  9. Delta method - Wikipedia

    en.wikipedia.org/wiki/Delta_method

    Small range can be achieved when approximating the function around the mean, when the variance is "small enough". When g is applied to a random variable such as the mean, the delta method would tend to work better as the sample size increases, since it would help reduce the variance, and thus the taylor approximation would be applied to a ...