Abstract: In this paper, a novel mathematical framework based on Continuous Mixture of Uniforms (CMU) for modeling the Residual Lifetime physical phenomenon is proposed. Through an alternative and ...
In statistics, the expected value of a random variable is a measure of the central tendency of its probability distribution. In simple terms, it gives you an idea of what value you should expect to ...
ABSTRACT: This paper presents a game theory-based method for predicting the outcomes of negotiation and group decision-making problems. We propose an extension to the BDM model to address problems ...
This article aimed to present a new continuous probability density function for a non-negative random variable that serves as an alternative to some bounded domain distributions. The new distribution, ...
Probability distribution is an essential concept in statistics, helping us understand the likelihood of different outcomes in a random experiment. Whether you’re a student, researcher, or professional ...
Dengue is a viral disease whose number of cases has increased in Brazil. This study aimed to characterize the spatio-temporal distribution patterns of the reported dengue infection cases in the state ...
The COS method was introduced in Fang & Oosterlee (2008) and then was applied to pricing a variety of stock options for continuous random variables. This paper adapts the Fourier-cosine series (COS) ...
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