Quick Read Monte Carlo simulation of 10,000 paths shows 60% of scenarios place XRP between $1.04 and $3.40 by December 2026.

Somer G. Anderson is CPA, doctor of accounting, and an accounting and finance professor who has been working in the accounting and finance industries for more than 20 years. Her expertise covers a ...

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 ...

The Monte Carlo simulation estimates the probability of different outcomes in a process that cannot easily be predicted because of the potential for random variables.

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 ...

Forecasting for any small business involves guesswork. You know your business and its past performance, but you may not be comfortable predicting the future. Using Excel is a great way to perform what ...

dxxx(x,) returns the density or the value on the y-axis of a probability distribution for a discrete value of x pxxx(q,) returns the cumulative density function (CDF) or the area under the curve to ...

Abstract: In this letter, we derive the exact joint probability density function (pdf) of the amplitude and phase of the product of two correlated non-zero mean complex Gaussian random variables with ...