Consider a sequence ($X_{k}\colon k\geq 0$) of regularly varying independent and identically distributed random variables with mean 0 and finite variance. We develop ...
Monte Carlo importance sampling for evaluating numerical integration is discussed. We consider a parametric family of sampling distributions and propose the use of the sampling distribution estimated ...
Ali Hussain has a background that consists of a career in finance with large financial institutions and in journalism covering business. Vikki Velasquez is a researcher and writer who has managed, ...