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Modeling and Simulation of Some Functions of Two Independent Random Variables

Author

Listed:
  • Deyan Mihaylov

    (University of Economics-Varna/Department "Statistics and Applied Mathematics", Varna, Bulgaria)

Abstract

This paper represents a way to analyze the duration of some processes, which have little complexity. They can be decomposed into limited number of elementary activities. It is supposed that the activity durations are random varia-bles. Hence, the total duration can be represented as a function of random variables. The functions Sum, Maximum and Minimum of two independent random variables are discussed. One way to obtain the distribution functions of results is represented. The mathematical models are tested by simulations. The results, obtained by mathematical and simulation models are similar. The represented method can be used in analysis of processes or objects which have non-deterministic parameters.

Suggested Citation

  • Deyan Mihaylov, 2019. "Modeling and Simulation of Some Functions of Two Independent Random Variables," Conferences of the department Informatics, Publishing house Science and Economics Varna, issue 1, pages 225-232.
    • Handle: RePEc:vrn:katinf:y:2019:i:1:p:225-232
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    File URL: http://informatics.ue-varna.bg/conference19/Conf.proceedings_Informatics-50.years%20225-232.pdf
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    Citations

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    Cited by:

    1. Radan Miryanov, 2022. "About the Role of the Digital Technologies in the Education in Mathematics," Economics and computer science, Publishing house "Knowledge and business" Varna, issue 1, pages 29-34.

    More about this item

    Keywords

    Modeling and Simulation; R-language; Time-measured random variables;
    All these keywords.

    JEL classification:

    • C8 - Mathematical and Quantitative Methods - - Data Collection and Data Estimation Methodology; Computer Programs

    Statistics

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