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29 results for “Probability Theory”
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Research ArticleOpen accessIn the abstractECONOMIC EVALUATION OF AQUACULTURE INVESTMENTS UNDER CONDITIONS OF RISK AND UNCERTAINTY IN THE MEDITERRANEAN SEAFilippo Sgroi, Salvatore Tudisca, Anna Maria Di Trapani, Riccardo TestaThis study aims to analyze, from a technical and economic point of view, the choice between alternative investments in aquaculture under conditions of risk and uncertainty. In particular, a comparative analysis has been conducted between an inshore and an offshore farm producing European sea bass in the Mediterranean Sea. The applied model refers to the theory of subjective probability, assigning … …American Journal of Applied Sciences, Vol. 11, Issue 9 · 1 Oct 2014 · 6,897 accessesView PDFCite
Research ArticleOpen accessIn the abstractTHE CONSIDERATION AND PURPOSE OF BORROWING: AN EMPIRICAL EVIDENCE FROM INDONESIA LISTED COMPANIESVentje Ilat, Winston PontohDebt often graced in most of capital structure of companies, particularly in financial statement and became issues in context of trade off theory and pecking order theory in most studies. Debt usually related with profit matter, because it is always want to be achieved by every companies. It started when companies own equity is insufficient to create investment in company’s … …American Journal of Applied Sciences, Vol. 11, Issue 7 · 2 May 2014 · 7,002 accessesView PDFCite
Research ArticleOpen accessIn the abstractTHE MANAGEMENT OF UNCERTAINTY: MODEL FOR EVALUATION OF HUMAN ERROR PROBABILITY IN RAILWAY SYSTEMLombardi Mara, Guarascio Massimo, Rossi GiulianoThe methodology of quantitative risk assessment in use in the railway industry refers the RAMS approach, as expected in EN 50126, to define the failure of the system. From the probability of failure follows the evaluation of the failure consequence, the check of the accident occurrence and finally, the analysis of the achievable accident scenarios to quantify the damage as … …American Journal of Applied Sciences, Vol. 11, Issue 3 · 30 Dec 2013 · 7,390 accessesView PDFCite
Research ArticleOpen accessIn the abstractMODERATING ABILITY OF ITEM RESPONSE THEORY THROUGH PRIOR GUESSING PARAMETERSiow Hoo Leong, Siew Eng Ling, Rasidah MahdiA psycho-technology approach to discouraging guessing in multiple-choice formatted item can be done through reducing the a priori guessing probability of an item. This study proposes a psychometrics framework of Item Response Theory (IRT) to model the effect of having various priori guessing probabilities across different items. A prior guessing parameter is proposed to serves as a moderator of the … …Journal of Mathematics and Statistics, Vol. 9, Issue 4 · 26 Sep 2013 · 7,116 accessesView PDFCite
Research ArticleOpen accessIn the abstractSOME STATISTICAL PROPERTIES OF THE SOLUTIONS OF A SYSTEM OF TWO DIMENSIONAL STOCHASTIC FREDHOLM INTEGRAL EQUATIONS CONTAINS GAMMA PROCESSESMohammad Wahdan MuflihIn this study, we find the two solutions of a system of two dimensional stochastic Fredholm integral equations contains two gamma processes with different values of the two parameters (the first controls the rate of jump arrivals and the second inversely controls the jump size of this arrivals) in two cases and equal in the third that is to introduce … …Journal of Mathematics and Statistics, Vol. 9, Issue 2 · 4 May 2013 · 6,897 accessesView PDFCite
Research ArticleOpen accessIn the abstractPossibility and Evidence-Based Reliability Analysis and Design OptimizationHong-Zhong Huang, Liping He, Yu Liu et al.Engineering design under uncertainty has gained considerable attention in recent years. A great multitude of new design optimization methodologies and reliability analysis approaches are put forth with the aim of accommodating various uncertainties. Uncertainties in practical engineering applications are commonly classified into two categories, i.e., aleatory uncertainty and epistemic uncertainty. Aleatory uncertainty arises because of unpredictable variation in the performance … …American Journal of Engineering and Applied Sciences, Vol. 6, Issue 1 · 26 Mar 2013 · 7,663 accessesView PDFCite
Research ArticleOpen accessIn the abstractEstablishing an Adaptive Production-Procurement System with Markov Chain Approach Associated with 3C TheoryChun-Ta LinProblem statement: In this study, we classify the imperfect situations that the unreliability of production and the defective products might be incurred from production process into eight independently recurrent categories. Approach: With the property of recurrence of Markov chain, the limiting probability of each imperfect production category can be calculated through the transition probabilities matrix generated from these imperfect production … …Journal of Mathematics and Statistics, Vol. 7, Issue 3 · 18 Jul 2011 · 7,352 accessesView PDFCite
Research ArticleOpen accessIn the abstractA Theory of the Risks of Venture Capital FinancingEdmund H. MantellProblem statement: There is no general theory analyzing how the time-varying cash flows of venture capitalist financing affect the likelihood of success of a new venture. This research addressed that lacuna in the literature. Approach: Research in the area of venture capital financing was needed because of the importance of new ventures as germinators of technological innovation. The research in … …American Journal of Economics and Business Administration, Vol. 1, Issue 2 · 30 Jun 2009 · 7,760 accessesView PDFCite
EditorialOpen accessIn the abstractThe Proton Radius PuzzleG. M. HuberOccasionally,“revolutions” are caused in physics when new measurement techniques becomeavailable and cause us to rethink what we thought we knew. This has recently happenedin the field of proton structure physics, where researchers have had to revisitfundamental assumptions used in their determinations of the proton's meanelectric charge radius. Until 2010, ourknowledge of the proton's electric charge radius came exclusively fromelectron-proton interactions. … …Physics International, Vol. 6, Issue 1 · 12 Sep 2015 · 8,321 accessesView PDFCite
Research ArticleOpen accessIn the abstractIsing Model for Conductive Percolation in Electrically Conductive Adhesives by Considering Random Arrangement of Conducting ParticlesMora, Sahrul Saehana, Euis Sustini et al.Problem statement: Thermodynamically, particles in composites will arrange in a way such that the Helmholtz free energy is minimized. However, even a single structure has the lowest free energy, it should not ignore the probability of other structures having larger energies to occur, although at small chances. Approach: All possible arrangements of particles in the composites, therefore, must be taken … …American Journal of Applied Sciences, Vol. 9, Issue 7 · 30 May 2012 · 7,243 accessesView PDFCite