Possibility theory and conditional probability offer complementary perspectives for modelling uncertainty, with each framework contributing distinct advantages. Possibility theory, rooted in fuzzy set ...

We introduce a general class of conditional U-statistics and present sufficient conditions for their universal consistency in rth mean. It is shown that under mild assumptions on the smoothing ...

Log-normal linear regression models are popular in many fields of research. Bayesian estimation of the conditional mean of the dependent variable is problematic as many choices of the prior for the ...

Figure 1: Nanodevice and current fluctuations. In the limit of small switching rates Γ 1,2 →0 the current and noise of the QD vanish, whereas the noise of the QPC actually diverges. However, a simple ...

The field of mathematics and statistics is frequently seen as a realm of precise, indisputable truths. Yet, every so often, a problem arises that not only challenges our understanding but also ...

As with many other malignancies, hazard rates for death among patients with colon cancer are relatively higher in the first few years after diagnosis, but then decrease markedly. Survival estimates ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...