Investopedia

Bayes' Theorem: What It Is, Formula, and Examples

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 ...
Investopedia

Understanding Subjective Probability: Definitions and Examples

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 ...
Frontiers

Extraction of exact symbolic stationary probability formulas for Markov chains in finite space with application to production lines. part II: unveiling accurate formulas for ...

1 Management and Decision Engineering Laboratory (MDE-Lab), Department of Financial and Management Engineering, School of Engineering, University of the Aegean, Chios, Greece 2 School of Economic ...
Frontiers

Extraction of exact symbolic stationary probability formulas for Markov chains with finite space with application to production lines. Part I: description of methodology

1 Management and Decision Engineering Laboratory (MDE-Lab), Department of Financial and Management Engineering, School of Engineering, University of the Aegean, Chios, Greece 2 School of Economic ...