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 ...

This is a preview. Log in through your library . Abstract We prove that the convolution of a selfdecomposable distribution with its background driving law is again selfdecomposable if and only if the ...

The accuracy of three estimators of sampling variance using non-replacement probability lattice samples was determined empirically on a microuniverse. A simple split-sample scheme, although biased, ...

Probability is a measure of the likelihood of events happening. The greater the proportion of times an event can happen the greater (or more likely) the probability. Events can be ordered by the ...

Investopedia contributors come from a range of backgrounds, and over 25 years there have been thousands of expert writers and editors who have contributed. Thomas J Catalano is a CFP and Registered ...