Explore the binomial tree model's use in option pricing, its workings, and examples. Learn how this model estimates intrinsic ...

Abstract: Image enhancement is a technique to enhance the illumination of dark images while keeping the reality and the naturalness of the enhanced images at the same time. For color images, most ...

A new mathematical equation describes the distribution of different fragment sizes when an object breaks. Remarkably, the distribution is the same for everything from bubbles to spaghetti. When you ...

The Poisson distribution is widely used in artificial intelligence (AI) and machine learning. In Bayesian inference, probability distributions often help solve problems that would otherwise be ...

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 ...

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 ...

1 Department of Plant Pathology, The Ohio State University, Wooster, OH, United States 2 Center for Integrated Fungal Research, Department of Entomology and Plant Pathology, North Carolina State ...

Python script for Linear, Non-Linear Convection, Burger’s & Poisson Equation in 1D & 2D, 1D Diffusion Equation using Standard Wall Function, 2D Heat Conduction Convection equation with Dirichlet & ...