In financial markets, not only prices and returns can be considered as random variables, but also the waiting time between two transactions varies randomly. In the following, we analyse the statistical properties of General Electric stock prices, traded at NYSE, in October 1999: These properties are critically revised in the framework of...
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2002 (v1)PublicationUploaded on: March 27, 2023
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2008 (v1)Publication
The performance (accuracy and robustness) of several clustering algorithms is studied for linearly dependent random variables in the presence of noise. It turns out that the error percentage quickly increases when the number of observations is less than the number of variables. This situation is common situation in experiments with DNA...
Uploaded on: March 27, 2023 -
2008 (v1)Publication
One of the most popular lottery games worldwide is the so-called ''lotto k/N''. It considers N numbers 1, 2, ... , N from which k are drawn randomly, without replacement. A player selects k or more numbers and the first prize is shared amongst those players whose selected numbers match all of the k randomly drawn. Exact rules may vary in...
Uploaded on: March 27, 2023