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

Explore the binomial tree model's use in option pricing, its workings, and examples. Learn how this model estimates intrinsic ...

Abstract: Safe control of constrained uncertain linear systems under aleatory uncertainty is considered. Aleatory uncertainty characterizes random noises and is modeled by a probability distribution ...

Abstract: To make multi-state system reliability model reveal the randomness of component or system state changes more authentically, reduce the number of system states effectively and simplify the ...