All Questions
Tagged with applications probability
82
questions
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Given enough DNA samples, would it be possible to reconstruct the entire genealogy tree of humanity? [closed]
DNA samples of live individuals.
It would be more of a mesh/graph than a tree but you get what I mean. I guess we could only have access to potential graphs with varying degrees of probability. In ...
2
votes
1
answer
490
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Application of Panjer recursion scheme
I'm writing my bachelor (the argument is the Compound Poisson Process applied to insurance) and I need an example to complete it.
I need an application of Panjer recursion scheme (for example ...
1
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2
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737
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Using Black-Scholes Equation to "buy" stocks
From what I understand, Black-Scholes equation in finance is used to price options which are a contract between a potential buyer and a seller. Can I use this mathematical framework to "buy" a stock? ...
1
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1
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191
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Risk process in Insurance
Let
$R(t) = u + ct - \sum_{k=1}^{X(t)}Z_{k}, t\geq 0 $,
be a risk process, where $u> 0$ is the initial capital of the insurance company and $c> 0$ is a premium rate. We know that the number of ...
3
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3
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10k
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Probability concerning unfair dice with N sides
Fair warning: I am not a math expert (that's why I'm here).
I would like to be able to calculate the probability of rolling a certain side on a die with n sides where any number of those sides has an ...
8
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6
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9k
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Understanding Black-Scholes
Assume I have only basic math knowledge, what specific areas of math would I need to learn in order to understand the following webpage:
Black-Scholes
Many thanks.
12
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7
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6k
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Applications of Probability Theory in pure mathematics
My (maybe wrong) impression is that while probability is widely used in science (for example, in statistical mechanics), it is rarely seen in pure mathematics. Which leads me to the question -
Are ...