Explore the binomial tree model's use in option pricing, its workings, and examples. Learn how this model estimates intrinsic ...

Discrete probability distributions are the cornerstone of understanding probabilities associated with events that can only take on a finite or countably infinite number of values. These distributions ...

Wood, a natural and renewable source material, has a good relationship between mechanical strength and density (Arruda et al., 2015; Baar et al., 2015; Cavalheiro et al., 2016), which makes it ...

The assertion that a given distribution is not a probability distribution demands a rigorous examination of its properties against the foundational axioms that define a probability distribution. A ...

For a product to be considered of quality, it is necessary that it meet the customer's needs and expectations; that is, the specifications. For this, it needs to be produced by a process that is ...

From the Thoraxcenter (P.W.S.) and Cardialysis (R.M.), Erasmus University, Rotterdam, Netherlands, and the University of Washington School of Medicine (K.G.L ...

In this paper, we consider the function f p ( t )= 2p X 2 ( 2p t+p;p ) , where χ²(x; n) defined by X 2 ( x;p )= 2 −p/2 Γ( p/2 ) e −x/2 x p/2−1 , is the density function of a χ²-distribution with n ...

Can you chip in? This year we’ve reached an extraordinary milestone: 1 trillion web pages preserved on the Wayback Machine. This makes us the largest public repository of internet history ever ...

Life is uncertain. None of us know what is going to happen. We know little of what has happened in the past or is happening now outside our immediate experience. Uncertainty has been called the ...