Abstract: Quantile is one of the major metrics used in risk management. Since qauantile represents the downside risk. In this paper, we present a new variant of Nelder-Mead method (NM) for ...
Lindsey Ellefson is Lifehacker’s Features Editor. She currently covers study and productivity hacks, as well as household and digital decluttering, and oversees the freelancers on the sex and ...
The original version of this story appeared in Quanta Magazine. In 1939, upon arriving late to his statistics course at UC Berkeley, George Dantzig—a first-year graduate student—copied two problems ...