Right now, molecules in the air are moving around you in chaotic and unpredictable ways. To make sense of such systems, physicists use a law known as the Boltzmann distribution, which, rather than ...

Chris Taylor heads up marketing for the GIS Group of Sharp NEC Display Solutions of America, which is the creator of GuestView Guide, a wall-mounted digital concierge for vacation rental managers that ...

So far, the events we have encountered have discrete outcomes, such as obtaining heads or tails when tossing a coin. However, some events correspond to continuous outcomes. For example, imagine ...

The simulated probabilities match closely with the theoretical distribution. Confirms that random dice outcomes follow predictable probability laws. Demonstrates how C programming and mathematics work ...

Interest Rate Probability Distributions Implied by Derivatives Prices is a daily measure of the distribution of future short-term interest rates, calculated from prices of fixed-income derivatives ...

The Lagos State Electricity Regulatory Commission (LASERC) has officially issued distribution licences to Excel Distribution Company Limited and IE Energy Lagos Limited, the entities that have now ...

Abstract: In this paper, we propose a model of a parameter estimator filter for Black Box-type Stochastic Systems (BBSS), that is, only its inputs and outputs are known; considering its intrinsic ...

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 ...