Let’s introduce a method to estimate the errors created by placing the thermocouples in temperature measurement. It will be shown how the errors depend on ...

We define the incomplete gamma function ratio for positive N by \begin{align*}\tag{1}P(N, b, X) &= \int^X_0 t^{N-1}e^{-bt} dt/ \int^\infty_0 t^{N-1}e^{-bt} dt ...

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 ...