Applied Mathematics Commons^™

Self-Correcting Kelly Strategies For Skeptical Traders, Aaron C. Brown

International Conference on Gambling & Risk Taking

The Kelly criterion gives the appropriate bet size in idealized situations with known parameters. In financial trading situations parameters are generally unknown and the mathematical assumptions underlying the Kelly proof are not met precisely. Moreover a risk manager typically must cooperate with a trader who may be skeptical about both the Kelly criterion specifically and the concept of mathematical optimization of bet size in general.

This presentation tackles the problem of designing a Kelly-based system for setting trade risk management parameters that is both self-correcting (the system delivers good results even if initial parameter are misestimated or parameters change) and …

Optimizing The Mix Of Games And Their Locations On The Casino Floor, Jason D. Fiege, Anastasia D. Baran

International Conference on Gambling & Risk Taking

We present a mathematical framework and computational approach that aims to optimize the mix and locations of slot machine types and denominations, plus other games to maximize the overall performance of the gaming floor. This problem belongs to a larger class of spatial resource optimization problems, concerned with optimizing the allocation and spatial distribution of finite resources, subject to various constraints. We introduce a powerful multi-objective evolutionary optimization and data-modelling platform, developed by the presenter since 2002, and show how this software can be used for casino floor optimization. We begin by extending a linear formulation of the casino floor …

Statistical Analysis And Modeling Health Data: A Longitudinal Study, Bhikhari Prasad Tharu

USF Tampa Graduate Theses and Dissertations

Lung cancer has been considered one of the leading causes of deaths while cancer re- mains the second most common cause of deaths in the USA. Understanding the behavior of a disease over time could yield important information to make decisions about the disease. Statistical models could provide crucial clues and help to make a decision about the dis- ease, budget allocation, evaluation, and implement prevention. Longitudinal trend analysis of the diseases helps to understand long term effects and nature. Cholesterol level is one of the most contributing risk factors for Coronary Heart Disease. Studying cholesterol statistically helps to know …

Stationary And Time-Dependent Optimization Of The Casino Floor Slot Machine Mix, Anastasia D. Baran, Jason D. Fiege

International Conference on Gambling & Risk Taking

Modeling and optimizing the performance of a mix of slot machines on a gaming floor can be addressed at various levels of coarseness, and may or may not consider time-dependent trends. For example, a model might consider only time-averaged, aggregate data for all machines of a given type; time-dependent aggregate data; time-averaged data for individual machines; or fully time dependent data for individual machines. Fine-grained, time-dependent data for individual machines offers the most potential for detailed analysis and improvements to the casino floor performance, but also suffers the greatest amount of statistical noise. We present a theoretical analysis of single …

Estimation Of Performance Airspeeds For High-Bypass Turbofans Equipped Transport-Category Airplanes, Nihad E. Daidzic

Journal of Aviation Technology and Engineering

Conventional Mach-independent subsonic drag polar does not replicate the real airplane drag characteristics exactly and especially not in the drag-divergence region due to shock-induced transonic wave drag. High-bypass turbofan thrust is a complicated function of many parameters that eludes accurate predictions for the entire operating envelope and must be experimentally verified. Fuel laws are also complicated functions of many parameters which make optimization and economic analysis difficult and uncertain in the conceptual design phase. Nevertheless, mathematical models and predictions have its important place in aircraft development, design, and optimization. In this work, airspeed-dependent turbofan thrust and the new fuel-law model …

Stochastic Processes And Their Applications To Change Point Detection Problems, Heng Yang

Dissertations, Theses, and Capstone Projects

This dissertation addresses the change point detection problem when either the post-change distribution has uncertainty or the post-change distribution is time inhomogeneous. In the case of post-change distribution uncertainty, attention is drawn to the construction of a family of composite stopping times. It is shown that the proposed composite stopping time has third order optimality in the detection problem with Wiener observations and also provides information to distinguish the different values of post-change drift. In the case of post-change distribution uncertainty, a computationally efficient decision rule with low-complexity based on Cumulative Sum (CUSUM) algorithm is also introduced. In the time …

Cayley Graphs Of Semigroups And Applications To Hashing, Bianca Sosnovski

Dissertations, Theses, and Capstone Projects

In 1994, Tillich and Zemor proposed a scheme for a family of hash functions that uses products of matrices in groups of the form $SL_2(F_{2^n})$. In 2009, Grassl et al. developed an attack to obtain collisions for palindromic bit strings by exploring a connection between the Tillich-Zemor functions and maximal length chains in the Euclidean algorithm for polynomials over $F_2$.

In this work, we present a new proposal for hash functions based on Cayley graphs of semigroups. In our proposed hash function, the noncommutative semigroup of linear functions under composition is considered as platform for the scheme. We will also …

An Averaging Method For Advection-Diffusion Equations, Nicholas Spizzirri

Dissertations, Theses, and Capstone Projects

Many models for physical systems have dynamics that happen over various different time scales. For example, contrast the everyday waves in the ocean with the larger, slowly moving global currents. The method of multiple scales is an approach for approximating the solutions of differential equations by separating out the dynamics at slower and faster time scales. In this work, we apply the method of multiple scales to generic advection-diffusion equations (both linear and non-linear, and in arbitrary spatial dimensions) and develop a method for 'averaging out' the faster scale phenomena, giving us an 'effective' solution for the slower scale dynamics. …

Primality Proving Based On Eisenstein Integers, Miaoqing Jia

Honors Theses

According to the Berrizbeitia theorem, a highly efficient method for certifying the primality of an integer N ≡ 1 (mod 3) can be created based on pseudocubes in the ordinary integers Z. In 2010, Williams and Wooding moved this method into the Eisenstein integers Z[ω] and defined a new term, Eisenstein pseudocubes. By using a precomputed table of Eisenstein pseudocubes, they created a new algorithm in this context to prove primality of integers N ≡ 1 (mod 3) in a shorter period of time. We will look at the Eisenstein pseudocubes and analyze how this new algorithm works with the …

Black Holes Modeled As Fluid Droplets On Membranes, Anthony Bardessono

Physics

No abstract provided.

Development Of Utility Theory And Utility Paradoxes, Timothy E. Dahlstrom

Lawrence University Honors Projects

Since the pioneering work of von Neumann and Morgenstern in 1944 there have been many developments in Expected Utility theory. In order to explain decision making behavior economists have created increasingly broad and complex models of utility theory. This paper seeks to describe various utility models, how they model choices among ambiguous and lottery type situations, and how they respond to the Ellsberg and Allais paradoxes. This paper also attempts to communicate the historical development of utility models and provide a fresh perspective on the development of utility models.

Why Compaction Meter Value (Cmv) Is A Good Measure Of Pavement Stiffness: Towards A Possible Theoretical Explanation, Andrzej Pownuk, Pedro Barragan Olague, Vladik Kreinovich

Departmental Technical Reports (CS)

To measure stiffness of the compacted pavement, practitioners use the Compaction Meter Value (CMV); a ratio between the amplitude for the first harmonic of the compactor's acceleration and the amplitude corresponding to the vibration frequency. Numerous experiments show that CMV is highly correlated with the pavement stiffness, but as of now, there is no convincing theoretical explanation for this correlation. In this paper, we provide a possible theoretical explanation for the empirical correlation. This explanation also explains why, the stiffer the material, the more higher-order harmonics we observe.

Math Department Newsletter, 2016, University Of Dayton. Department Of Mathematics

Department of Mathematics Newsletters

No abstract provided.

Construction Of Energy Preserving Qmf, Jian-Ao Lian, Yonghui Wang

Applications and Applied Mathematics: An International Journal (AAM)

Recently, a family of perfect reconstruction (PR) quadrature mirror filterbanks (QMF) with finite impulse response filters (FIR) from systems of biorthogonal refinable functions and wavelets were introduced and also applied to image processing. However, a detailed procedure was absent. The main objective of this paper is to present extensive examples that will provide a thorough process of construction of the new family of PR QMF with FIR filterbanks. These new filters are linearphase due to the symmetry property of their corresponding biorthogonal refinable functions and wavelets. In addition, these filters have odd lengths so that the symmetric extension can be …

Priority Queueing System With A Single Server Serving Two Queues M[X1],M[X2]/G1,G2/1 With Balking And Optional Server Vacation, G. Ayyappan, P. Thamizhselvi

Applications and Applied Mathematics: An International Journal (AAM)

In this paper we study a vacation queueing system with a single server simultaneously dealing with an M^{[x₁] _/}G₁/1 and an M^{[x₂] /}G₂/1 queues. Two classes of units, priority and non-priority, arrive at the system in two independent compound Poisson streams. Under a non-preemptive priority rule, the server provides a general service to the priority and non-priority units. We further assume that the server may take a vacation of random length just after serving the last customer in the priority unit present in the system. If the server …

Approximate Analytical Solution Of Boussinesq Equation In Homogeneous Medium With Leaky Base, Rajeev K. Bansal

Applications and Applied Mathematics: An International Journal (AAM)

Approximate analytical solutions of Boussinesq equation are widely used for approximation of subsurface seepage flow in confined and unconfined aquifers under varying hydrological conditions. In this paper, we use a 2-dimensional linearized Boussinesq equation to simulate the water table fluctuations in an isotropic aquifer overlying a semi pervious bed under multiple localized recharge and withdrawal. The unconfined aquifer is considered to be in contact with two water bodies of constant water head along opposite cost lines, while the remaining two faces have no flow condition. The mathematical model is solved analytically using finite Fourier sine transform and the application of …

Non-Newtonian Prandtl Fluid Over Stretching Permeable Surface, N. R. Jain, M. G. Timol

Applications and Applied Mathematics: An International Journal (AAM)

An analysis is made of the velocity and temperature distribution in the flow of a viscous incompressible fluid caused by the stretching permeable surface which issues in the Prandtl fluid. Parandtl fluid is a pseudoplastic visco-inelastic non-Newtonian fluid. The governing partial differential equations are reduced to ordinary differential equations using deductive group transformation and similarity solution is derived. Numerical solutions to the reduced non-linear similarity equations are then obtained by adopting shooting method using the Nachtsheim-Swigert iteration technique. The results of the numerical solution are then presented graphically in the form of velocity and temperature profiles. The corresponding skin friction …

On Extension Of Mittag-Leffler Function, Ekta Mittal, Rupakshi M. Pandey, Sunil Joshi

Applications and Applied Mathematics: An International Journal (AAM)

In this paper, we study the extended Mittag -Leffler function by using generalized beta function and obtain various differential properties, integral representations. Further, we discuss Mellin transform of these functions in terms of generalized Wright hyper geometric function and evaluate Laplace transform, and Whittaker transform in terms of extended beta function. Finally, several interesting special cases of extended Mittag -Leffler functions have also be given.

Some Results On F-Simultaneous Chebyshev Approximation, Sh. Al-Sharif, Kh. Qaraman

Applications and Applied Mathematics: An International Journal (AAM)

Let X be a Hausdorff topological vector space and f be a real valued continuous function on X: In this paper we introduce and study the concept of f􀀀simultaneous approximation of a nonempty subset K of X as a generalization to the problem of simultaneous approximation. Further we present some results regarding f􀀀simultaneous approximation in the quotient space.

Upper, Lower Solutions And Analytic Semigroups For A Model With Diffusion, Yannick T. Kouakep

Applications and Applied Mathematics: An International Journal (AAM)

In this discussion we consider an autonomous parabolic epidemic 2-dimensional system modelling the dynamics of transmission of immunizing diseases for a closed population into bounded regular domain. Our model takes into account diffusion of population with external influx as well as one class of infected individuals. We study the well-posedness two-component diffusion equations including external supplies with Neumann conditions using upper/lower solutions and analytic semigroups. In case of constant population or not, with non-oscillatory solution and constant diffusion, this problem admits travelling wave solutions whose minimum wave speed is surveyed here.