Discover how probability distribution methods can help predict stock market returns and improve investment decisions. Learn ...

The Grim Beeper attack was very discrete — the intimate targeting of terrorist commanders and tactical leaders. But it was also a near-simultaneous mass attack striking targets over a wide area in ...

Abstract: Consider a system comprising sensors that communicate with a remote estimator by way of a so-called collision channel. Each sensor observes a discrete random variable and must decide whether ...

What Is A Probability Density Function? A probability density function, also known as a bell curve, is a fundamental statistics concept, that describes the likelihood of a continuous random variable ...

In the mathematical modeling of biochemical reactions, a convenient standard approach is to use ordinary differential equations (ODEs) that follow the law of mass action. However, this deterministic ...

Elements of descriptive statistics, averages, dispersion, skewness, quantiles; graphical displays, pie charts, bar charts, histograms, scatter plots, box plots, steam ...

The COS method was introduced in Fang & Oosterlee (2008) and then was applied to pricing a variety of stock options for continuous random variables. This paper adapts the Fourier-cosine series (COS) ...