likelihood estimators (MLE) in models with missing data or latent variables. A straightforward application of EM is collaborative filtering (CF): using data from multiple agents to predict unreported values. In this paper, we show a simple method of applying EM to a large CF problem: predicting ratings in the Netflix Prize dataset. 1 Auxiliary Functions EM belongs to a general class1 of optimization algorithms using successive locally approximating auxiliary functions. For an objective function
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Sociability and Human Intelligence Crystal Phillips Wake Technical Community College Sociability and Human Intelligence Introduction Recently, human intelligence has been a subject that frequented the realms of sociology. It has hugely been praised as the most effective predictor of academic excellence and sociability (Bailey, 1996). Although studies have claimed that human intelligence is a predictor of success in academics, only a few have attempted to
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structure and discussing how a market maker can effectively reduce downside risk when market faces a huge upward or downward stress. An Exponential Moving Average operator is introduced and implemented using a Matlab software for tick-by-tick data analysis. Simulation framework for market high-frequency data and client trading flow is also introduced and implemented using the Matlab software. Real-time P&L calculation is introduced and used to determine the performance of a proposed risk hedging strategy
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kij1 Master Thesis Supervisor: PETER LØCHTE JØRGENSEN Author: QIAN Zhang (402847) Pricing of principle protected notes embedded with Asian options in Denmark ---- Using a Monte Carlo Method with stochastic volatility (the Heston Model) Aarhus School of Business and Social Science 2011 2 Acknowledgements My gratitude and appreciation goes to my supervisor Peter Lø chte Jø rgensen, for his kind and insightful discussion and guide through my process of writing. I was always impressed
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Monetary policy in Vietnam: the case of a transition country Ulrich Camen 1 1. Introduction A major objective of the Vietnamese authorities in the coming five years is it to strengthen the integration of the Vietnamese economy into the world economy. An important milestone has been the Vietnam-US Bilateral Trade Agreement, BTA. A subsequent milestone will be Vietnamese membership in the WTO, which is under preparation and expected for 2006. As part of this process of internationalisation
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International Journal of Banking and Finance Volume 9 | Issue 1 Article 3 6-5-2012 Modelling and forecasting volatility in the gold market Stefan Trück Macquarie University, stefan.trueck@mq.edu.au Kevin Liang Macquarie University Follow this and additional works at: http://epublications.bond.edu.au/ijbf Recommended Citation Trück, Stefan and Liang, Kevin (2012) "Modelling and forecasting volatility in the gold market," International Journal of Banking and Finance: Vol. 9: Iss. 1
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The Title of the experiment: Tensile Properties of Aluminum using Lloyds Testing Machine The author`s name: Jr., E. Russell Johnston , Ferdinand P. Beer The date of the experiment: 15/11/2012 Lab Group – 3 Report by: 1-Turky Abdullah AL-Bussairi 2-Yasser Habib AL-Mutairi 3-Abdulrahamn Sa`ad AL-Huaifi 4-Abdulrahman hemdy AL-Harbi Abstract: We determined the elastic modulus, yield strength, tensile strength
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of two companies; Eastman Kodak and Fujifilm. The ambitious topics under discussion are: the history and core business of each company, the approach to administration that each company has followed in order to grasp improvement, what management variances have impacted their comparative achievements, an evaluation of each business’s method to ethics and social accountability and the bearing those methodologies have had on each company’s cost-effectiveness. Also, there will be a dialogue on the extent
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Managing financial resources and decisions Part 1 Assignment 1 Task 1 Sources of finance for different businesses Different sources of finance are given for, old, large small etc organizations. Type | Cost | Payback Terms | Sizes | Advantages | Disadvantages | Personal Savings | No cost | None | | Easy, cheap | Risk of Loss | Friends & Family | Usually good rate or none | Very flexible | | Flexible, best value | Can create friction | Home Mortgages - Traditional or Seconds | 7-9%8-14%
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Hedging Jordanian Oil Purchases' Risk and Costs Using Oil Futures Contracts During 1998-2007 Dr. Asa'ad Hameed O. AL-ali ; Mohammed Murdi Al Rawad Abstract This study aims to investigate whether using futures contracts will reduce the Jordanian imported petroleum price risk and decrease the Jordanian petroleum purchases invoice. To achieve the objectives of this study, ten years-hedge simulation conducted on the real imported quantities to generate assumed comparable cases for the unhedged
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