Probability theory forms the mathematical backbone for quantifying uncertainty and random events, providing a rigorous language with which to describe both everyday phenomena and complex scientific ...

National Institute of Technology (NIT) Andhra Pradesh assistant professor Karthick Seshadri has authored a book on ‘Discrete Mathematics with Applications.’ It is a key prerequisite for emerging ...

This is a preview. Log in through your library . Abstract The duel in which the contestant on each side has a fixed kill probability and a random (continuous) time between firings has been previously ...

This course is compulsory on the BSc in Actuarial Science and BSc in Financial Mathematics and Statistics. This course is available on the BSc in Business Mathematics and Statistics, BSc in ...

We consider a discrete-time risk process driven by proportional reinsurance and an interest rate process. We assume that the interest rate process behaves as a Markov chain. To reduce the risk of ruin ...

This course is available on the BSc in Financial Mathematics and Statistics, BSc in Mathematics and Economics and BSc in Mathematics with Economics. This course is available as an outside option to ...