Largely for pedagogical purposes, the authors have plotted two sets of curves which permit one to observe how the non-centrality parameter affects the shape of the non-central t-distribution. In one ...

Jason Fernando is a professional investor and writer who enjoys tackling and communicating complex business and financial problems. Somer G. Anderson is CPA, doctor of accounting, and an accounting ...

Interest Rate Probability Distributions Implied by Derivatives Prices is a daily measure of the distribution of future short-term interest rates, calculated from prices of fixed-income derivatives ...