Statistical Models Commons^™

Application Of Randomness In Finance, Jose Sanchez, Daanial Ahmad, Satyanand Singh

Publications and Research

Brownian Motion which is also considered to be a Wiener process and can be thought of as a random walk. In our project we had briefly discussed the fluctuations of financial indices and related it to Brownian Motion and the modeling of Stock prices.

Markov Chains And Their Applications, Fariha Mahfuz

Math Theses

Markov chain is a stochastic model that is used to predict future events. Markov chain is relatively simple since it only requires the information of the present state to predict the future states. In this paper we will go over the basic concepts of Markov Chain and several of its applications including Google PageRank algorithm, weather prediction and gamblers ruin.

We examine on how the Google PageRank algorithm works efficiently to provide PageRank for a Google search result. We also show how can we use Markov chain to predict weather by creating a model from real life data.

Understanding The Effect Of Adaptive Mutations On The Three-Dimensional Structure Of Rna, Justin Cook

Undergraduate Research and Scholarship Symposium

Single-nucleotide polymorphisms (SNPs) are variations in the genome where one base pair can differ between individuals.¹ SNPs occur throughout the genome and can correlate to a disease-state if they occur in a functional region of DNA.¹According to the central dogma of molecular biology, any variation in the DNA sequence will have a direct effect on the RNA sequence and will potentially alter the identity or conformation of a protein product. A single RNA molecule, due to intramolecular base pairing, can acquire a plethora of 3-D conformations that are described by its structural ensemble. One SNP, rs12477830, which …