Basel II is an emerging regulatory regime for financial institutions. It stipulates that banks must quantify the capital they need to offset operational losses, such as fraud, computer viruses or transaction processing errors. One statistical approach is to assume that risk can be described in terms of a distribution of possible outcomes, over some time horizon, such as one year. The capital ch...

Bag silos made at three research farms in 2000 and 2001 were monitored at filling and emptying to determine densities and losses. A total of 47 bags (23 alfalfa, 1 red clover, 23 whole−plant corn) were made, and losses were calculated on 39 of the silos. Dry matter (DM) density ranged from 160 to 270 kg/m3. Dry matter density increased with DM content in hay crop silages on average 2.9 kg/m3−% ...

Multivariate loss functions are extensively employed in several prediction tasks arising in Information Retrieval. Often, the goal in the tasks is to minimize expected loss when retrieving relevant items from a presented set of items, where the expectation is with respect to the joint distribution over item sets. Our key result is that for most multivariate losses, the expected loss is provably...

Monte Carlo simulations are used to demonstrate that a very attractive tax-based trading strategy is to realize all capital losses, using excess losses to offset realized gains to rebalance the portfolio. This strategy increases the mean and median return by taking advantage of the tax-deductibility of losses, and mitigates risk by allowing low-cost portfolio rebalancing. This portfolio rebalan...

Tall fescue is native to Europe and was rarely planted in the United States until after the first four decades of the 20 century. However, since the release of the variety ‘Kentucky 31’ in 1943, this versatile cool season perennial grass has been widely planted for forage, turf, and conservation purposes, with most of the acreage planted consisting of this variety. “Fescue” has many attributes ...

We analyze the performance of a single, long-lived, Compound TCP (CTCP) connection in the presence of random packet losses. CTCP is a new version of TCP implemented in Microsoft Windows to improve the performance on networks with large bandwidth delayproducts. We derive a Markovian model for the CTCP sending window and compute the steady state distribution of the window and the average throughp...

The advent of higher powered spacecraft amplifiers and better ground receivers capable of tracking spacecraft carrier signals with narrower loop bandwidths requires better understanding of the carrier tracking loss (radio loss) mechanism of the concatenated codes used for deep-space missions. In this article, we present results of simulations performed for a (7,1/2), Reed–Solomon (255,223), int...

Pseudogenization is a widespread phenomenon in genome evolution, and it has been proposed to serve as an engine of evolutionary change, especially during human origins (the "less-is-more" hypothesis). However, there has been no comprehensive analysis of human-specific pseudogenes. Furthermore, it is unclear whether pseudogenization itself can be selectively favored and thus play an active role ...