A set of independence statements may define the independence structure of interest in a family of joint probability distributions. This structure is often captured by a graph that consists of nodes ...

Journal of Applied Probability, Vol. 29, No. 1 (Mar., 1992), pp. 92-103 (12 pages) We characterise the classes of continuous and discrete phase-type distributions in the following way. They are known ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...