The 12-month average inflation stood at 10.26 percent in March. Against this backdrop, a reduction in food distribution is unexpected, said Raihan, also a professor of Economics at the University ...

A typical example of a random variable is the outcome of a coin toss. Consider a probability distribution in which the outcomes of a random event aren't equally likely to happen. Y could be 0 ...

Definition: Public distribution system is a government-sponsored chain of shops entrusted with the work of distributing basic food and non-food commodities to the needy sections of the society at very ...

Simulation and estimation of ARCH and GARCH processes, used to model the time-varying standard deviation (volatility) of asset returns, with conditional distributions such as the normal, Laplace, and ...