A new AI developed at Duke University can uncover simple, readable rules behind extremely complex systems. It studies how ...

Learn how convexity adjustments in bonds affect interest rates and prices using key formulas. Understand their importance in accurately predicting bond price changes.

Abstract: A variable pole pitch linear induction motor (VPPLIM) is proposed as a new member of the family of electromagnetic aircraft launch system (EMALS). With proper designing of the variation of ...

Abstract: We derive the characteristic function (CF) for two product distributions—first for the product of two Gaussian random variables (RVs), where one has zero mean and unity variance, and the ...