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Black-Scholes Option Formula
READ FULL REPORT: Uncertainty Arithmetics Applied to the Black-Scholes Model by Ronald LaFleur.pdf BACKGROUND: In ‘long selling’ the buyer…
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Cardiovascular Disease (CVD) Risk
Cardiovascular disease (CVD), including coronary heart disease (CHD) and stroke, kills about 610,000 people per year in the United States…
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Cell Populations
A primary tool for biological research is cell culture, where cells are grown in a medium under controlled conditions such…
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Curve Fitting
Curve fitting is the practical way of converting data to a best-fit function that can be carried forward into other…
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Economics Homework
Economics is a fundamental topic related to finance when funds are considered. However, Economics also deals with the broader issues…
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Electric Grid
The push toward renewable energy considers electric power sources that have higher variation in output compared to fossil fueled plants. …
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Geometric Arithmetic
Practical computation of error and uncertainty using traditional methods is hampered by many difficulties. For example, the ‘Differential method’ using…
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Mean and Standard Deviation
A ‘statistic’ refers to a single number measure of a sample. Statistics relevant to uncertainty are mean value, total covariance,…
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Multi-Component Separation
Multi-Component Separation is important in the chemical process industry. For example, for the oil&gas application, the feed stock can be…
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Multi-hole Pressure Probes
Aerodynamic testing of swirling flows, such as the flow exiting a turbine blade (gas or wind), requires the measurement of…
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Physics Lab
Learning about physics is enhanced by experimentation, where measurement of actual events provides a verification of theories. A set of…
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Portfolio Selection
When investing, putting all of your money (100% of it) into one stock means you have just one way to…
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Tolerance Factors
The use of curve-fitting or regression can have the additional result of the tolerance factor that defines confidence limits for…
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Turbine Wall Cooling
Modern commercial aircraft would not be viable without the jet engine to achieve the necessary altitude and speed. To extract…
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Uncertainty
The uncertainty project seeks to develop new ways to calculate confidence limits by implementing geometric arithmetic on existing theory and…
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uSPARQ for Football
The draft of football players considers athletic performance as one component. Aspiring athletes from high school and colleges can participate…
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Virus Infection Dynamics
A virus infects by attacking a host cell and using the cell’s support structure to propagate. One way the immune…
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Weather Forecasting
Anyone who has been caught in the rain knows that weather forecasting has its limits and is often wrong. Long…
