After final grades were released on January 5, many students in STA237: Probability, Statistics and Data Analysis I woke up ...
Abstract: This paper presents a method for modeling switching networks with overflow links that are offered multi-service traffic generated by a limited number of sources. A particular emphasis is put ...
Discover how the Dutch Book Theorem reveals profit opportunities in betting and finance when probabilities are misjudged.
Explore the binomial tree model's use in option pricing, its workings, and examples. Learn how this model estimates intrinsic ...
Abstract: Probability estimation plays a pivotal role across diverse domains, particularly in scenarios where the objective is to select non-repetitive units one at a time, with the option of ...
The joint probability of two or more variables being “extreme” is relevant in Flood and Coastal Risk Management (FCRM) in various contexts, including: Assessing the likelihood of extreme peak flow ...
Geometric Optimisation Calculations: View the local optimisation of an ORCA calculation, along with associated energy profile of the optimisation. SCAN Calculations: View the geometrically converged ...