Abstract: It is well known that the entropy H(X) of a discrete random variable X is always greater than or equal to the entropy H(f(X)) of a function f of X, with equality if and only if f is ...

This research evaluates the effect of monetary policy rate and exchange rate on inflation across continents using both Frequentist and Bayesian Generalized Additive Mixed Models (GAMMs). Extending an ...

Abstract: We derive the exact probability density functions (pdf) and distribution functions (cdf) of a product of n independent Rayleigh distributed random variables. The case n=1 is the classical ...