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: The notion of ℬ-valued random fuzzy variable is introduced in this paper, which is defined as a function from the credibility space to the set of ℬ-valued random variables. Then, the ...

Residual value is the estimated value of an asset at the end of its useful life. It's used to figure out things like the value of a car at the end of a lease or how much equipment is worth after it's ...

Cyclooctane is classified as a cycloalkane, characterized by the chemical formula C 8 H 16. It consists of a closed ring structure composed of eight carbon atoms and sixteen hydrogen atoms. A ...

Basic probability; Discrete random variables, examples (e.g. Bernoulli, binomial, geometric), expected values, variances; Markov chains and their properties ...

The chi-square test is an essential tool in statistics that allows researchers to compare observed and expected frequencies of categorical variables. One of the fundamental steps in conducting a ...

1 Department of Monitoring and Exploration Technologies, Helmholtz Centre for Environmental Research (UFZ), Helmholtz Association of German Research Centres (HZ), Leipzig, Germany 2 Department of ...

A discrete random variable is a type of random variable that can only take on a countable number of distinct values. A discrete random variable is a variable whose possible values are distinct and ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Thomas J. Brock is a CFA and CPA with more than 20 years of experience in various areas including investing, ...