In the world of data analysis and statistics, continuous and discrete data play fundamental roles. These two types of quantitative data serve different purposes as people use them to draw valuable ...

A random variable that can take only a certain specified set of individual possible values-for example, the positive integers 1, 2, 3, . . . For example, stock prices are discrete random variables, ...

We can compare discrete and continuous data by looking at how water comes out of a tap. A dripping tap shows discrete data, because each individual drop can be counted. The data collected will simply ...

The purpose of this note is to establish the superiority of the factorial moment bound over Chernoff's bound for nonnegative integer-valued random variables. Journal Information The American ...