Recent content by EliteLegend

Thanks so much... Because the formulation involves union of probabilities, am I right in assuming that if the number of persons increase, then the calculation become more and more complex? To make it clear, if I add a fourth person with a probability p again, I would end up calculating...

All of a sudden, I seem to be confused about the union of probabilities. I wanted to see how this would work out but ended up confusing myself even more. Here's a scenario I'm considering: I have three friends. I know that if a friend posts me a letter upon being asked, it reaches me with a...

Understood... Thanks so much for the help :)

So that means, I should in fact be looking at Result = k. (A^alpha) * (B^beta)? Could you provide me some insight on how to go about solving this equation? I am new to these things so even a direction would be helpful... I was actually thinking of determining alpha, beta and k on a trial and...

In an experiment I am performing, I observed the following: Result is directly proportional to A Result is inversely proportional to B So, I assume two constants, alpha and beta such that: Result = (A^alpha)/(B^beta) Now, if I know I want to solve for alpha and beta but is this the...

I have recently come across the 80/20 rule... I am using the Pareto Distribution's pdf to generate some dataset that I wanted... Now if I have a set of 50 items and I need to generate 40% of these items 60% of the times, how am I supposed to go about doing this? I know how to select items with...