A parametric family of distributions is a collection of distributions with a known form that is indexed by a set of quantities called parameters. Methods based on parametric distributions of normal, ...

A method is developed for constructing a confidence band for a cumulative distribution function with known functional form. The band is derived using the maximum absolute difference between the true ...

Arithmetic Asian options are difficult to price and hedge as they do not have closed-form analytic solutions. The main theoretical reason for this difficulty is that the payoff depends on the finite ...

Estimated cumulative density functions, according to different parametric distributions and empirical cumulative density function of incubation periods reported for monkeypox cases in the Netherlands, ...

With the current interest in copula methods, and fat-tailed or other non-normal distributions, it is appropriate to investigate technologies for managing marginal distributions of interest. We explore ...