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In mathematics, a field is a set on which addition, subtraction, multiplication, and division are defined and behave as the corresponding operations on rational and real numbers. A field is thus a fundamental algebraic structure which is widely used in algebra, number theory, and many other areas of mathematics.
However, the development of vine copulas [26] (also known as pair copulas) enables the flexible modelling of the dependence structure for portfolios of large dimensions. [27] The Clayton canonical vine copula allows for the occurrence of extreme downside events and has been successfully applied in portfolio optimization and risk management ...
A familiar vector space is the set of all ordered pairs of real numbers; the ordered pair (a,b) is interpreted as a vector from the origin in the Euclidean plane to the point (a,b) in the plane. The sum of two vectors is obtained by adding their individual coordinates: (,) + (,) = (+, +).
The Kendall tau distance between two series is the total number of discordant pairs. The Kendall tau rank correlation coefficient, which measures how closely related two series of numbers are, is proportional to the difference between the number of concordant pairs and the number of discordant pairs.
One way to classify composite numbers is by counting the number of prime factors. A composite number with two prime factors is a semiprime or 2-almost prime (the factors need not be distinct, hence squares of primes are included). A composite number with three distinct prime factors is a sphenic number. In some applications, it is necessary to ...
In mathematics, reduction refers to the rewriting of an expression into a simpler form. For example, the process of rewriting a fraction into one with the smallest whole-number denominator possible (while keeping the numerator a whole number) is called "reducing a fraction".
This definition is commonly extended to related varying quantities, which are often called variables. This meaning of variable is not the common meaning of the term in mathematics (see variable (mathematics)); these two different concepts share the same name for historical reasons.
In mathematics, a representation is a very general relationship that expresses similarities (or equivalences) between mathematical objects or structures.Roughly speaking, a collection Y of mathematical objects may be said to represent another collection X of objects, provided that the properties and relationships existing among the representing objects y i conform, in some consistent way, to ...