Understanding Binomial Trees: Definitions, Examples, and Calculations

Explore the binomial tree model's use in option pricing, its workings, and examples. Learn how this model estimates intrinsic ...
Open Heart

Machine learning-based cardiovascular risk calculator for non-cardiac surgery

Background Annually, 4% of the global population undergoes non-cardiac surgery, with 30% of those patients having at least ...
IEEE

Optimal Steering of a Linear Stochastic System to a Final Probability Distribution, Part I

Abstract: We consider the problem of steering a linear dynamical system with complete state observation from an initial Gaussian distribution in state-space to a final one with minimum energy control.
IEEE

An accurate closed-form approximation of the average probability of error over a log-normal fading channel

Abstract: The log-normal probability distribution is commonly used in wireless communications to model the shadowing and more recently the small scale fading for indoor ultra wideband communications.