We are pleased to announce a new method of computing the bankruptcy risk of companies, the "Probability of Financial Distress." John Campbell, Jens Hilscher and Jan Szilagyi developed a logit ...

I HAVE recently 1 been investigating certain probability distributions arising from points possessing one of k colours or characters arranged on a line or in the form of a rectangular lattice. In the ...

We provide numerical solutions based on the path integral representation of stochastic processes for non-gradient drift Langevin forces in the presence of noise, to follow the temporal evolution of ...

Key points Listing outcomes to find the probability of combined events Examples Questions Using sample space diagrams to find the probability of combined events Examples Question Taking a logical and ...

It is certain that this bus will either be late or not late, which is a probability of 1 The missing value of a probability can be worked out by subtracting the known probabilities from 1 (100% when ...