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1 vote
1 answer
95 views

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 ...
BenoitParis's user avatar
2 votes
1 answer
490 views

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 ...
Bmb58's user avatar
  • 169
1 vote
2 answers
737 views

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? ...
BBSysDyn's user avatar
  • 16.2k
1 vote
1 answer
191 views

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 ...
MacMath2010's user avatar
3 votes
3 answers
10k views

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 ...
Buns of Aluminum's user avatar
8 votes
6 answers
9k views

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.
SuperBrook's user avatar
12 votes
7 answers
6k views

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 ...

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