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Coupon collector's problem. In probability theory, the coupon collector's problem refers to mathematical analysis of "collect all coupons and win" contests. It asks the following question: if each box of a given product (e.g., breakfast cereals) contains a coupon, and there are n different types of coupons, what is the probability that more ...
Put option. In finance, a put or put option is a derivative instrument in financial markets that gives the holder (i.e. the purchaser of the put option) the right to sell an asset (the underlying), at a specified price (the strike), by (or on) a specified date (the expiry or maturity) to the writer (i.e. seller) of the put.
OptiY is an multidisciplinary design environment, which provides direct and generic interfaces to many CAD/CAE-systems and house-intern codes. Furthermore, a complex COM-interface and a user-node with predefined template are available so that user can self-integrate extern programs for ease of use.
Heston model. In finance, the Heston model, named after Steven L. Heston, is a mathematical model that describes the evolution of the volatility of an underlying asset. [1] It is a stochastic volatility model: such a model assumes that the volatility of the asset is not constant, nor even deterministic, but follows a random process.
Artist's impression of Leonardo's method for neutralizing the refractive power of the cornea. Leonardo da Vinci is frequently credited with introducing the idea of contact lenses in his 1508 Codex of the eye, Manual D, [9] wherein he described a method of directly altering corneal power by either submerging the head in a bowl of water or wearing a water-filled glass hemisphere over the eye.
An electrical contact is an electrical circuit component found in electrical switches, relays, connectors and circuit breakers. [1] Each contact is a piece of electrically conductive material, typically metal. When a pair of contacts touch, they can pass an electrical current with a certain contact resistance, dependent on surface structure ...
An optical fiber connector is a device used to link optical fibers, facilitating the efficient transmission of light signals. An optical fiber connector enables quicker connection and disconnection than splicing. They come in various types like SC, LC, ST, and MTP, each designed for specific applications. In all, about 100 different types of ...
The pivot is on the right and the cam follower is in the middle of the breaker arm. A contact breaker (or "points") is a type of electrical switch, found in the ignition systems of spark-ignition internal combustion engines. The switch is automatically operated by a cam driven by the engine. The timing of operation of the switch is set so that ...