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

Not all Spice versions perform Monte Carlo simulations. Even those that do may only have a small number of available distributions, much less custom ones. LTSpice, for example, has built-in random ...

"Just Relax It" is a cutting-edge Python library designed to streamline the optimization of discrete probability distributions in neural networks, offering a suite of advanced relaxation techniques ...

Future events are far from certain in the business world. This is especially true for smaller businesses, which tend to have more volatility than larger organizations, or newer businesses without a ...

Forecasting for any small business involves guesswork. You know your business and its past performance, but you may not be comfortable predicting the future. Using Excel is a great way to perform what ...

Abstract: Consider a system comprising sensors that communicate with a remote estimator by way of a so-called collision channel. Each sensor observes a discrete random variable and must decide whether ...

Background: Although several strategies for modelling competing events in discrete event simulation (DES) exist, a methodological gap for the event-specific probabilities and distributions (ESPD) ...