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

Abstract: We derive the characteristic function (CF) for two product distributions—first for the product of two Gaussian random variables (RVs), where one has zero mean and unity variance, and the ...

The binomial distribution is a key concept in probability that models situations where you repeat the same experiment several times, and each time there are only two possible outcomes—success or ...

The Energy Savings Calculator is an online tool that allows users to compare the electrical energy usage, costs and CO 2 production of a motor currently in operation with that of a new, highly ...

The Binomial test, sometimes referred to as the Binomial exact test, is a test used in sampling statistics to assess whether a proportion of a binary variable is equal to some hypothesized value. In ...

A random variable is a mathematical function that maps outcomes of random experiments to numbers. It can be thought of as the numeric result of operating a non-deterministic mechanism or performing a ...

Learn about an important method for valuing derivatives and other assets Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Timothy ...

Abstract: Highway tunnels have a higher risk of crashing than open roads, which require a systematic approach to tunnel safety. However, previous research had the following problems: 1) Studies have ...

Over the past year-and-a-half, the Bank of Canada has raised interest rates rapidly to combat runaway inflation. That’s increased interest rates on mortgages and pushed up monthly expenses for many ...