Volume 12, Issue 1 (2016) | Journal of Mathematics and Statistics

Efficient Monte Carlo Algorithm Using Antithetic Variate and Brownian Bridge Techniques for Pricing the Barrier Options with Rebate Payments

Hasan Alzubaidi — 2016-02-22

Journal of Mathematics and Statistics, Published online: 22 February 2016; doi:10.3844/jmssp.2016.1.11

The down-and-out call barrier option with rebate payment on dividend-paying stock is simulated using a new version of the Monte Carlo algorithm. The standard Monte Carlo method for simulating such an ...

Product Moments of Sample Variances and Correlation for Variables with Bivariate Normal Distribution

Juan Romero-Padilla — 2016-03-15

Journal of Mathematics and Statistics, Published online: 15 March 2016; doi:10.3844/jmssp.2016.12.22

A general result to obtain the product moments of two sample variances and the sample correlation when the data follow a bivariate normal distribution is derived; the result is expressed in terms of t...

Approximate Series Solution of Nonlinear, Fractional Klein-Gordon Equations Using Fractional Reduced Differential Transform Method

Eman Abuteen — 2016-03-26

Journal of Mathematics and Statistics, Published online: 26 March 2016; doi:10.3844/jmssp.2016.23.33

This analysis proposes an analytical-numerical approach for providing solutions of a class of nonlinear fractional Klein-Gordon equation subjected to appropriate initial conditions in Caputo sense by ...

An Improved Positivity Preserving Odd Degree-N Said-Ball Boundary Curves on Rectangular Grid Using Partial Differential Equation

Ahmed Kherd — 2016-04-10

Journal of Mathematics and Statistics, Published online: 10 April 2016; doi:10.3844/jmssp.2016.34.42

This paper discusses the sufficient conditions for positivity preserving odd degree-n Said-Ball boundary curves defined on a rectangular grid. We derive a sufficient condition on boundary curves of re...

Numerical Investigation on Turbulent Forced Convection in Heating Channel Inserted with Discrete V-Shaped Baffles

Amnart Boonloi — 2016-04-15

Journal of Mathematics and Statistics, Published online: 15 April 2016; doi:10.3844/jmssp.2016.43.58

The numerical examinations on flow visualization, heat transfer characteristic and performance improvement in a square duct inserted with discrete V-shaped baffles (DVB) are reported. The DVB is desig...

A Comparative Analysis on the Performance of the Convoluted Exponential Distribution and the Exponential Distribution in Terms of Flexibility

Enahoro Alfred Owoloko — 2016-04-15

Journal of Mathematics and Statistics, Published online: 15 April 2016; doi:10.3844/jmssp.2016.59.64

In this article, the convoluted exponential distribution which was derived as the sum of two independent exponentially distributed random variables was compared with the exponential distribution in te...