The relative frequency definition of probability says: If an experiment is repeated, the probability of an event (a specified outcome of the experiment) is the relative frequency of occurrence of that ...

Abstract: This article innovatively combines the empirical distribution characteristics of random fuzzy variables to propose a new Wasserstein distributionally robust equilibrium optimization method ...

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 ...

Abstract: In the application of Dempster-Shafer (D-S) evidence theory, the determination of basic probability assignment (BPA) is a key step. How to determine BPA is an open issue. To solve this ...

In recent years, new, intelligent and efficient sampling techniques for Monte Carlo simulation have been developed. However, when such new techniques are introduced, they are compared to one or two ...

This important study presents convincing findings on creating an exhaustive library of new enhancer-AAVs targeting astrocytes and oligodendrocytes with high potential for both basic and translational ...

Climate change has garnered huge attention worldwide, and rising greenhouse gas emissions are the primary drivers of climate change (such as carbon dioxide and methane) (Jhariya et al., 2019; Jhariya ...

This research evaluates the effect of monetary policy rate and exchange rate on inflation across continents using both Frequentist and Bayesian Generalized Additive Mixed Models (GAMMs). Extending an ...

In February 2024, a shipwreck off Tobago caused a significant surface oil spill, highlighting the need for accurate modeling ...

While markets don't predict the future with certainty, under the efficient market hypothesis, these collective expectations represent the best available estimate of what might happen. Traditionally, ...

Combined testing uptake (HCV RDT or HCV RDT/RNA) was higher for the community-based strategy than for the facility-based ...