Discover how probability distribution methods can help predict stock market returns and improve investment decisions. Learn ...
Stochastic volatility is the unpredictable nature of asset price volatility over time. It's a flexible alternative to the Black Scholes' constant volatility assumption.
In the design of hydraulic engineering works, the estimation of project precipitation is fundamental. Rain forecasting depends on several factors, which makes estimating it simpler with stochastic ...
Abstract: By considering the specific characteristics of random variables in active distribution grids, such as their statistical dependencies and often irregularly-shaped probability distributions, ...
Forecasting for any small business involves guesswork. You know your business and its past performance, but you may not be comfortable predicting the future. Using Excel is a great way to perform what ...
Abstract: In this paper, we investigate the classical problem of finding the probability density function of the sum of Nakagami-m random variables. An exact infinite series formula is derived for the ...
Probability distribution is an essential concept in statistics, helping us understand the likelihood of different outcomes in a random experiment. Whether you’re a student, researcher, or professional ...
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