ABSTRACT: Repeated convolution and truncation of a truncated fat-tailed distribution, instead of Monte Carlo simulation, for pricing a discrete, simple barrier option is presented. The parameters for ...
Signals composed of a sum of sinusoids are often used when testing components and systems. The peak-to-RMS value of the sum stresses the dynamic range of the component or system, thus correcting a ...
Abstract: This paper presents exact formulas for the probability distribution function (PDF) and moment generating function (MGF) of the sum-product of statistically independent but not necessarily ...
United Airlines rolled out a system for boarding economy passengers this week called WILMA, loosely translated to “window-middle-aisle,” which boards window passengers first, followed by the middle ...
1 Henan Key Laboratory of Imaging and Intelligent Processing, PLA Strategy Support Force Information Engineering University, Zhengzhou, Henan, China 2 PLA Strategy Support Force Information ...
“We can now control quantum randomness in a vacuum,” claim scientists. It’s hard to think of a vacuum, as it’s a place devoid of matter or light. But in the quantum world, this isn’t true. Tiny ...