Abstract: This paper addresses the problem of designing nonlinear discrete-time dynamical systems for prospective use in low-complexity random signal generators. Drawing upon ergodic systems theory, ...

Interest Rate Probability Distributions Implied by Derivatives Prices is a daily measure of the distribution of future short-term interest rates, calculated from prices of fixed-income derivatives ...

Choosing the right type of chart helps you display discrete data more effectively. Discrete data consists of whole numbers that are counted rather than measured. For example, when you track items sold ...

Life is uncertain. None of us know what is going to happen. We know little of what has happened in the past or is happening now outside our immediate experience. Uncertainty has been called the ...

This year, more ETFs are paying out capital gains than in 2022 and 2023. Nonetheless, ETFs remain more tax-efficient than mutual funds. Most ETFs that expect to distribute gains this year were ...

Future events are far from certain in the business world. This is especially true for smaller businesses, which tend to have more volatility than larger organizations, or newer businesses without a ...

The mathematician Daniel Litt has driven social media users to distraction with a series of simple-seeming but counterintuitive probability puzzles. In late January, Daniel Litt posed an innocent ...

Gen Z cat lovers don't just believe in the cat distribution system − they spread the message via memes and T-shirts. Stories of the so-called cat distribution system seem to propel the phenomenon ...