ABSTRACT: A systematic withdrawal plan refers to monthly withdrawals from an appreciating fund, especially to provide retirement income. This study proposes a stochastic algorithm that outputs the ...

Often neither the exact density nor the exact cumulative distribution function (c.d.f.) of a statistic of interest is available in the statistics and econometrics literature (e.g., the maximum ...

Computes the inverse cumulative normal distribution function values of vector elements. The cdfnorminv(a) function computes the inverse cumulative normal distribution function values for elements of ...

With the current interest in copula methods, and fat-tailed or other non-normal distributions, it is appropriate to investigate technologies for managing marginal distributions of interest. We explore ...

The rich get richer or success breeds success effect, also called Matthew’s principle from the parable of the Talents in Matthiew 25:14-30), has been invoked many times in the sociology of science to ...

You can use the CDFPLOT statement to fit any of six theoretical distributions (beta, exponential, gamma, lognormal, normal, and Weibull) and superimpose them on the cdf plot. The following statements ...