Optimal design of sea-walls requires the extreme value analysis of a variety of oceanographic data. Asymptotic arguments suggest the use of multivariate extreme value models, but empirical studies ...

Discover how multivariate models use multiple variables for investment forecasting, risk analysis, and decision-making in ...

This paper presents a discrete random-field model for forward prices driven by the multivariate normal inverse Gaussian distribution. The model captures the idiosyncratic risk and adequately addresses ...

Data clustering is the process of grouping data items so that similar items are placed in the same cluster. There are several different clustering techniques, and each technique has many variations.

A random Rayleigh vector is a vector of norms of random Gaussian vectors, and a Chi-square vector is the vector of squares of these norms. Excepting special cases, neither the Rayleigh nor Chi-square ...