Understanding the key drivers of prices and energy consumption is an important issue, which is complicated because the distributions of prices and consumption are asymmetric and fat-tailed. That is, ...

We consider statistical tests concerning various relationships between two absolute concentration curves (ACCs). In particular, we consider tests for determining if the two ACCs coincide, if one is ...

This paper is a generalization of earlier studies by Ferreira (1975) and Holbert and Broemeling (1977), who used improper prior distributions in order to make informal Bayesian inferences for the ...

Generally, when calculating value-at-risk (VaR), little importance is attached to extreme losses because they do not adequately reflect the skewness and kurtosis of the distribution. Moreover, ...

Probability, statistics, and decision theory. Discrete and continuous random variables, stationary, seasonality, autocorrelation/power-spectrum computation for ...

This course is available on the BSc in Business Mathematics and Statistics and BSc in Mathematics, Statistics and Business. This course is not available as an outside option. This course is available ...

This course is available on the BSc in Business Mathematics and Statistics and BSc in Mathematics, Statistics and Business. This course is not available as an outside option. This course is available ...