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In classical studies of loss systems with restricted availability, the utilization was suggested of a probabilistic loss function, defining the conditional probability of an incoming call being rejected, as a function of the number of occupations in the destination group of servers. This paper...
A comparison is made between a number of techniques for the exploratory analysis of qualitative variables. The paper mainly focuses on a comparison between multiple correspondence analysis (MCA) and Gower's principal co‐ordinates analysis (PCO), applied to qualitative variables. The main...
A discrete, non‐negative integer‐valued, stationary point process was proposed by Neuts and Pearce as a model for teletraffic packet streams. We examine a data‐analytic approach to develop a monitoring scheme for that point process. Monitoring is a procedure of tracking a stochastic process to...
Maximum likelihood estimates for parameters in a linear functional relationship are derived when the errors are also linearly related for each observation. This is approximately the case, for example, when both variables are smooth functions of time and their values are recorded as an...
An analytically tractable, discrete‐time single‐factor model is developed for valuing treasury bills and futures contracts. It uses a multiplicative binomial foward process that creates neither negative nor implausibly large positive interest factors, and which can incorporate different possible...
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