In this note it is shown that P (η - ξ > 0) can easily be calculated using tables of the bivariate normal distribution, where ξ, η are independent, ξ has a normal distribution, and η has a truncated ...

Discover what a log-normal distribution is, its financial applications, and how to calculate it, including using Excel for ...

The problem of constructing tolerance limits for a normal universe is considered. The tolerance limits are required to be such that the probability is equal to a preassigned value β that the tolerance ...