A set of independence statements may define the independence structure of interest in a family of joint probability distributions. This structure is often captured by a graph that consists of nodes ...

Using a probability and impact matrix for effective risk analysis can transform how you approach risk management. This matrix is a structured tool that allows project managers to categorize risks ...

It is shown that a class of infinite, block-partitioned, stochastic matrices has a matrix-geometric invariant probability vector of the form (x0,x1,...), where xk=x0Rk, for k≥ 0. The rate matrix R is ...