Discover how probability distribution methods can help predict stock market returns and improve investment decisions. Learn ...

We explore properties of the χ² and Rényi distances to the normal law and in particular propose necessary and sufficient conditions under which these distances tend to zero in the central limit ...

The Horton-Strahler ordering method, originating in hydrology, formulates the hierarchical structure of branching patterns using a quantity called the bifurcation ratio. The main result of this paper ...

Stochastic processes form the backbone of modern probability theory, describing systems that evolve randomly over time or space. They are instrumental in areas ranging from statistical physics to ...