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Theory and applications of probability and stochastic processes: e.g. central limit theorems, large deviations, stochastic differential equations, models from statistical mechanics, queuing theory.
0
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3
answers
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What the the probability distribution of a mean?
There is an unknown set of values of unknown size, from which a known subset of N values is drawn at random.
Based on the known random subset, what is the probability distribution of the mean of the …
6
votes
2
answers
4k
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Given several beta distributions, what is the probability that one is the highest?
Given several random variables distributed according to different beta distributions, how can I calculate the probability that any one of those random variables is actually the highest?
The applicati …
3
votes
1
answer
1k
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How I determine the probability that an unknown probability value is greater than others in ...
I have a number of known beta distributions for different unknown probability values.
Given the beta distributions, I want to determine the probability that each specific unknown probability values i …
3
votes
2
answers
253
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Correcting bias in samples selected by a prediction
Here is the scenario:
I'm trying to find as many golden tickets as I can, so that I can sell them to kids that want to go on a tour of Wonka's chocolate factory.
Fortunately, I have a machine that c …