New method simplifies calculation of joint distribution for continuous random variables.
The article introduces a new way to express the joint distribution of powers of two continuous random variables when the powers are not whole numbers. This new method, called the alternative moment generating function (AMGF), simplifies the process by using the joint distribution of the two random variables directly. Unlike traditional moment generating functions, the AMGF works for all continuous probability distributions. This approach makes calculations quicker and more efficient.