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: This paper conceptualizes a new binomial damage model in accelerated life testing (ALT), where the relation between damage or life and stress is established using the binomial probability ...

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Personality measurement is based on the idea that values on an unobservable latent variable determine the distribution of answers on a manifest response scale. Typically, it is assumed in the Item ...

A probability mixture model commonly used to represent patterns of brand choice behavior or media exposure patterns. The model assumes that each individual's behavior follows a Bernoulli process. That ...

Learn about an important method for valuing derivatives and other assets Gordon Scott has been an active investor and technical analyst or 20+ years. He is a Chartered Market Technician (CMT). Timothy ...

Abstract: Highway tunnels have a higher risk of crashing than open roads, which require a systematic approach to tunnel safety. However, previous research had the following problems: 1) Studies have ...