Alexandra Twin has 15+ years of experience as an editor and writer, covering financial news for public and private companies. Investopedia / Ellen Lindner A ballpark figure is a rough numerical ...

in the 60s, mathematician and meteorologist Edward Lorenz hypothesized that there is a limit to how far in advance precise weather prediction is possible. A new study proved that he was right. A team ...

In this paper we establish limit theorems for a class of stochastic hybrid systems (continuous deterministic dynamics coupled with jump Markov processes) in the fluid limit (small jumps at high ...