ABSTRACT There is randomness in both the applied loads and the strength of systems. Therefore, to account for the uncertainty, the safety of the system must be quantified using its reliability. Monte ...

The main goal of the experimental study described in this paper is to investigate the sensitivity of probability weighting to the payoff structure of the gambling situation—namely the level of ...

Brief review of conditional probability and expectation followed by a study of Markov chains, both discrete and continuous time. Queuing theory, terminology, and single queue systems are studied with ...

Following 2017, the NHK Broadcasting Culture Research Institute carried out an experimental web/mail mixed-mode survey using probability sampling from the Basic Resident Register to validate its ...

An animated guide to probability explains how to express probability as fractions and percentages based on the ratio of the number of ways an outcome can happen and the total number of outcomes.