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Probability and time

  1. Apr 14, 2007 #1
    Hi

    I posted the other day but I think I could have explained better what I am looking for, so hence this post.

    I was wondering how you account for time when using a PDF to try and ascertain the probability of an event happening over very long periods of time?
    If I have a data series which is described by a distribution, say log-normal and I want to work out the proabability of x being greater than y happening say by 30 years ? I guess it is allied to asking to what happens if you are using the area under the curve to look at probabilities when the distribution might change shape substantially over a long sweep of time and could be better described by a different equation.

    Would you use the Fokker-Planck equation in this instance ?

    Many thanks
    D
     
  2. jcsd
  3. Apr 20, 2007 #2

    EnumaElish

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    You could model the parameters of your distribution to be simple functions of time.
     
  4. Apr 29, 2007 #3

    EnumaElish

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    Or, you could define a metadistribution H(x) = w F(x) + (1-w) G(x) where 0 < w < 1 is a monotonic function of time.
     
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