In this paper, methods introduced earlier by the author [1] are used to obtain simple, accurate formulas for the decision boundaries for sequential probability ratio tests for simple hypotheses and ...

Continuous Variable: can take on any value between two specified values. Obtained by measuring. Discrete Variable: not continuous variable (cannot take on any value between two specified values).

This paper continues a study, initiated in [1], of the stochastic independence of V = X - Y and the mean of order γ, \begin{equation*}\tag{1}M_\gamma\begin{align ...

Discover what exponential growth is, learn how it differs from other growth types, and explore real-life examples like compounding interest and population growth.