Abstract: Quantile is one of the major metrics used in risk management. Since qauantile represents the downside risk. In this paper, we present a new variant of Nelder-Mead method (NM) for ...

Seniors learn best when they’re taught the same way that is best for children and younger adults – with active participation, meaningful discussions, and material that feels relevant. One can learn ...

The original version of this story appeared in Quanta Magazine. In 1939, upon arriving late to his statistics course at UC Berkeley, George Dantzig—a first-year graduate student—copied two problems ...

Abstract: This study proposes a novel technique for solving linear programming problems in a fully fuzzy environment. A modified version of the well-known dual simplex method is used for solving fuzzy ...