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math.ST2006★ 2 cited
Probability distribution of distances between local extrema of random number series
Argyn Kuketayev
There is a sequence of random numbers x1,x2, ..., xn and so on. Numbers are independent of each other, but all numbers are from the same continuous distribution. If x1 < x2 > x3, t…
cs.CE2006
On numerical stability of recursive present value computation method
Argyn Kuketayev
We analyze numerical stability of a recursive computation scheme of present value (PV) amd show that the absolute error increases exponentially for positive discount rates. We show…