Now showing items 1-3 of 3
Bayesian tolerance intervals for variance component models
(University of the Free State, 2012-01)
English: The improvement of quality has become a very important part of any manufacturing process. Since variation observed in a process is a function of the quality of the manufactured items, estimating variance components ...
Exotic equity derivatives: a comparison of pricing models and methods with both stochastic volatility and interest rates
(University of the Free State, 2017-05)
The traditional Black Scholes methodology for exotic equity option pricing fails to capture the features of latent stochastic volatility and observed stochastic interest rate factors exhibited in financial markets today. ...
Bayesian inference for linear and nonlinear functions of Poisson and binomial rates
(University of the Free State, 2012)
This thesis focuses on objective Bayesian statistics, by evaluating a number of noninformative priors. Choosing the prior distribution is the key to Bayesian inference. The probability matching prior for the product of ...