Sequential conditional probability ratio tests (SCPRTs) provide monitoring procedures with a unique property that a decision reached at early stopping is unlikely to be reversed should the trial ...

This is a preview. Log in through your library . Abstract T is the sequential probability ratio test (SPRT) based on the sequence {Xn} whose family of distributions {Pθ, θ ε Θ} satisfies certain ...

Scientists at the University of California, San Diego (UCSD) have developed new insight into a formula that helped British cryptanalysts crack the German Enigma code in World War II. Scientists at the ...

Traders in bonds and credit default swaps are bombarded with information on the default probabilities implied by credit spreads using a simple ratio. This ratio predicts that the credit spread will be ...