Application Paradigms

N. C. Das ()
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N. C. Das: Birsa Agricultural University, Department of Statistics

Chapter Chapter 7 in Decision Processes by Using Bivariate Normal Quantile Pairs, 2015, pp 137-191 from Springer

Abstract: Abstract This chapter is the crux of the book. This chapter reveals the real power of BIVNOR which yields tables of biquantile pairs. The same are used to solve problems on joint condensed confidence interval, joint chance-constrained programming and for valid cum precise results haunting decision scientists and decision-makers for about seven decades. Thus, it is possible now to realize that a significant step of advancement has been taken in the direction of dependence and dynamism. This chapter has 15 sections of which first 14 chapters exhibit the application of biquantile pairs/equi-quantile values. Though the examples more often show the use of equi-quantile values, but those are biquantile pairs which are of greater importance than the former. This is because the same offers the scope for generating larger number of alternatives for decision-making at the same level of prefixed risk or confidence coefficient and for given or computed value of correlation coefficient.

Keywords: Algorithmic heuristics; Autocross covariance; Bose–Einstein correlation; Biquantile; Chance-constrained; Condensed-confidence; Deterministic solution; Equi-quantile; Fixed-lead prediction; Gaussian copula; Gaussian wavelet; Higgs-Boson; Higgs-doublet; Nonlinearly separable; Rizopolous paradox; VaR (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-81-322-2364-1_7

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DOI: 10.1007/978-81-322-2364-1_7

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