We reconsider the valuation of barrier options by means of binomial trees from a “forward looking” prospective rather than the more conventional “backward induction” one used by standard approaches. This reformulation allows us to write closed-form expressions for the value of European and American put barrier-options on a non-dividend-paying stock.

A large study conducted at two southeastern US hospitals from October 2007 through October 2008 sought to identify predictive variables for successful intravenous catheter (IV) insertion, a crucial procedure that is potentially difficult and time consuming in young children. The data was collected on a sample of 592 children that received a total of 1,195 attempts to start peripheral IV cathete...

This paper describes the frequency and number of Sphyrion laevigatum in the skin of Genypterus blacodes, an important economic resource in Chile. The analysis of a spatial distribution model indicated that the parasites tended to cluster. Variations in the number of parasites per host could be described by a negative binomial distribution. The maximum number of parasites observed per host was two.

Optimal sex allocation theory is one of the most intricately developed areas of evolutionary ecology. Under a range of conditions, particularly under population sub-division, selection favours sex being allocated to offspring non-randomly, generating non-binomial variances of offspring group sex ratios. Detecting non-binomial sex allocation is complicated by stochastic developmental mortality, ...

Some properties of diagonal binomial coefficients were studied in respect to frequency of their units digits. An approach was formulated that led to use of difference tables to predict if certain units digits can appear in the values of binomial coefficients at quadratic terms of the binomial theorem. Frequency distributions of units digits of binomial coefficients contain gaps (zero frequency)...