Interest Rate Probability Distributions Implied by Derivatives Prices is a daily measure of the distribution of future short-term interest rates, calculated from prices of fixed-income derivatives ...

This methodological article aims to present the type I Pareto distribution in a clear and illustrative manner for better understanding among social researchers. It also provides R scripts for ...

Life is uncertain. None of us know what is going to happen. We know little of what has happened in the past or is happening now outside our immediate experience. Uncertainty has been called the ...

When is it appropriate to completely reinvent the wheel? To an outsider, that seems to happen a lot in category theory, and probability theory isn’t spared from this treatment. We’ve had a useful ...

In a significant push toward modernizing America’s aging grid infrastructure, the Biden administration, in partnership with 21 states, has launched the Federal-State Modern Grid Deployment Initiative.

1 Guangzhou Power Supply Co. Ltd., China Southern Power Grid, Guangzhou, China 2 School of Electric Power Engineering, South China University of Technology, Guangzhou, China This paper proposes an ...

What Is A Probability Density Function? A probability density function, also known as a bell curve, is a fundamental statistics concept, that describes the likelihood of a continuous random variable ...

Abstract: An important, but often neglected, part of any sound simulation study is that of modeling each source of system randomness by an appropriate probability distribution. We first give some ...