We consider different ergodic averages and estimate the measure of the set of points in which the averages apart from a given value. The cases considered are empirical measures of cylinders in symbolic spaces and averages ...

The shear rate is an important bioreactor parameter that needs to be evaluated due to its impact on microorganism morphology and viability, and consequently on bioproduct formation. Airlift bioreactors, classified as ...

Average price is a numerical value that represents a set of prices,whichmay relate to firms, countries, or regions. This study presents new methods of average price aggregation that build on the unified aggregation ...

Most finance textbooks present the Weighted Average Cost of Capital (WACC) calculation as: WACC = Kd×(1-T)×D% + Ke×E%, where Kd is the cost of debt before taxes, T is the tax rate, D% is the percentage of debt on total ...

We discuss a general approach to building non-asymptotic confidence bounds for stochastic optimization problems. Our principal contribution is the observation that a Sample Average Approximation of a problem supplies upper ...

Purpose Evidence suggests that electronic word-of-mouth (eWOM) plays a highly influential role in decision-making when booking hotel rooms. The number of online sources where consumers can obtain information on hotel ratings ...