In this note it is shown that P(η - ξ > 0) can easily be calculated using tables of the bivariate normal distribution, where ξ, η are independent, ξ has a normal distribution, and η has a truncated ...

In this article we propose inferential procedures for a gamma distribution using the Wilson-Hilferty (WH) normal approximation. Specifically, using the result that the cube root of a gamma random ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Netflix has finally resolved a technology problem that since Tuesday had crippled its ability to mail DVDs to subscribers of its movie rental service. All Netflix distribution centers are now ...