Computational finance is an interdisciplinary field that applies computational techniques and algorithms to solve problems and model systems in finance. It combines elements of finance, mathematics, statistics, computer science, and economics to develop quantitative models and tools used for financial analysis, risk management, derivative pricing, portfolio optimization, and other financial applications. Key areas of computational finance include: 1. **Quantitative Modeling**: Creating mathematical models to represent financial phenomena. This may involve stochastic calculus, differential equations, and statistical methods.
An Enrolled Actuary (EA) is a professional who has been authorized by the Joint Board for the Enrollment of Actuaries to perform actuarial services for pension plans in the United States. The designation is specifically relevant in the context of federal pension law, primarily under the Employee Retirement Income Security Act of 1974 (ERISA) and subsequent legislation.
A Financial Condition Report (FCR) is a document often used by organizations, particularly in the finance and insurance sectors, to assess and communicate the overall financial health of a business or investment. The FCR examines various financial metrics and indicators to provide an overview of an entity's financial performance, stability, and operational efficiency.
CAUCE is an acronym that can refer to various organizations or concepts, but one notable usage is related to the "Coalition Against Unsolicited Commercial Email." This organization was formed to address issues related to spam and promote legislation aimed at curbing unsolicited emails.
Financial models that incorporate long-tailed distributions and volatility clustering are designed to better capture the complexities and dynamics of financial time series data. Let's break down these concepts: ### Long-Tailed Distributions 1. **Definition**: A long-tailed distribution is a probability distribution that features a large number of occurrences far from the "head" of the distribution (i.e., the high-probability region).
In piping and plumbing, "gooseneck" refers to a type of pipe or fitting that has a specific curved shape resembling the neck of a goose. This design is typically characterized by a U-shaped or S-shaped bend, allowing for the transition of flow direction or elevation gain while maintaining a smooth flow path.
Pipe drift generally refers to the phenomenon where the alignment or position of pipes, particularly in industrial settings, becomes misaligned or 'drifts' from their intended placement over time. This can happen due to a variety of factors, including: 1. **Thermal Expansion and Contraction**: Changes in temperature can cause pipes to expand or contract, resulting in shifts from their original position.
A pipefitter is a skilled tradesperson who specializes in the installation, maintenance, and repair of piping systems that carry various liquids, gases, and other substances. These systems can be found in a variety of settings, including residential, commercial, and industrial environments.
Plastic pipework refers to piping systems made from various types of plastic materials used for the transport of fluids, gases, or other substances. It is widely used in various applications due to its lightweight, corrosion resistance, flexibility, and low cost. Here are some common types of plastic pipes and their applications: 1. **PVC (Polyvinyl Chloride)**: Used in plumbing, drainage, and irrigation systems. It is rigid and has good chemical resistance.
A sprinkler fitting is a component used in fire protection systems, specifically in automatic fire sprinkler systems. These fittings are designed to connect various parts of the sprinkler system, such as pipes, valves, and sprinkler heads. They ensure that water can be effectively delivered to the areas requiring protection in the event of a fire. Sprinkler fittings are typically made from materials like steel, copper, or PVC, depending on the application and the system's design requirements.
Weld-On is a brand known primarily for its adhesives, solvents, and cements, particularly designed for bonding plastic materials such as PVC, CPVC, and ABS. It is widely used in plumbing, automotive, and construction industries for connecting pipes and fittings securely. Weld-On products generally provide strong, solvent-welded joints that can withstand high pressure and are resistant to various chemicals.
Electric Power Systems Research is an interdisciplinary field that focuses on the study, development, and optimization of electric power systems. This area of research encompasses a variety of topics related to the generation, transmission, distribution, and consumption of electrical energy. Key aspects of Electric Power Systems Research include: 1. **Power Generation**: Investigating various methods for generating electricity, including traditional sources (like coal, natural gas, nuclear) and renewable sources (like solar, wind, hydro, and geothermal).
The Holomorphic Embedding Load-flow Method (HELM) is an advanced computational technique used for solving power flow problems in electrical power systems. It uses concepts from complex analysis and numerical methods to provide an efficient and robust means of finding the load flow solutions, which are critical for the analysis and operation of power systems. ### Key Features of HELM: 1. **Holomorphic Functions**: At the core of HELM is the idea of representing the load flow equations as holomorphic functions.
The short circuit ratio (SCR) is a dimensionless parameter used in the context of electrical grids, particularly in the analysis of power systems and in studies related to stability, fault analysis, and the performance of power-generating units, especially synchronous generators. It is defined as the ratio of the system strength to the rating of the generator or power source.
A Fermi gas is a theoretical model used in quantum mechanics to describe a collection of fermions, which are particles that follow Fermi-Dirac statistics. Fermions include particles such as electrons, protons, and neutrons, each of which obeys the Pauli exclusion principle. This principle states that no two fermions can occupy the same quantum state simultaneously.
### Strangeness Strangeness is a quantum number that reflects the presence of strange quarks in a particle. In particle physics, quarks are the fundamental constituents of hadrons (such as protons and neutrons), and there are six "flavors" of quarks: up, down, charm, bottom, top, and strange. The strangeness quantum number is used to describe the abundance of strange quarks in a particle.
Electrochemistry journals are academic publications that focus on the study and research in the field of electrochemistry. This branch of chemistry deals with the interactions between electrical energy and chemical change, including phenomena such as oxidation-reduction reactions, the behavior of electrolytes, and the properties of electrodes. These journals typically publish original research articles, reviews, and sometimes technical notes on a wide range of topics related to electrochemistry.
Aromatic ring current refers to the circulation of π (pi) electrons in a planar, cyclic conjugated system, such as benzene and other aromatic compounds, when they are subjected to an external magnetic field. This phenomenon is a consequence of the delocalized electrons in the aromatic system, which can create a magnetic field that is oriented in such a way as to induce a ring current.

Pinned article: Introduction to the OurBigBook Project

Welcome to the OurBigBook Project! Our goal is to create the perfect publishing platform for STEM subjects, and get university-level students to write the best free STEM tutorials ever.
Everyone is welcome to create an account and play with the site: ourbigbook.com/go/register. We belive that students themselves can write amazing tutorials, but teachers are welcome too. You can write about anything you want, it doesn't have to be STEM or even educational. Silly test content is very welcome and you won't be penalized in any way. Just keep it legal!
We have two killer features:
  1. topics: topics group articles by different users with the same title, e.g. here is the topic for the "Fundamental Theorem of Calculus" ourbigbook.com/go/topic/fundamental-theorem-of-calculus
    Articles of different users are sorted by upvote within each article page. This feature is a bit like:
    • a Wikipedia where each user can have their own version of each article
    • a Q&A website like Stack Overflow, where multiple people can give their views on a given topic, and the best ones are sorted by upvote. Except you don't need to wait for someone to ask first, and any topic goes, no matter how narrow or broad
    This feature makes it possible for readers to find better explanations of any topic created by other writers. And it allows writers to create an explanation in a place that readers might actually find it.
    Figure 1.
    Screenshot of the "Derivative" topic page
    . View it live at: ourbigbook.com/go/topic/derivative
  2. local editing: you can store all your personal knowledge base content locally in a plaintext markup format that can be edited locally and published either:
    This way you can be sure that even if OurBigBook.com were to go down one day (which we have no plans to do as it is quite cheap to host!), your content will still be perfectly readable as a static site.
    Figure 2.
    You can publish local OurBigBook lightweight markup files to either https://OurBigBook.com or as a static website
    .
    Figure 3.
    Visual Studio Code extension installation
    .
    Figure 4.
    Visual Studio Code extension tree navigation
    .
    Figure 5.
    Web editor
    . You can also edit articles on the Web editor without installing anything locally.
    Video 3.
    Edit locally and publish demo
    . Source. This shows editing OurBigBook Markup and publishing it using the Visual Studio Code extension.
    Video 4.
    OurBigBook Visual Studio Code extension editing and navigation demo
    . Source.
  3. https://raw.githubusercontent.com/ourbigbook/ourbigbook-media/master/feature/x/hilbert-space-arrow.png
  4. Infinitely deep tables of contents:
    Figure 6.
    Dynamic article tree with infinitely deep table of contents
    .
    Descendant pages can also show up as toplevel e.g.: ourbigbook.com/cirosantilli/chordate-subclade
All our software is open source and hosted at: github.com/ourbigbook/ourbigbook
Further documentation can be found at: docs.ourbigbook.com
Feel free to reach our to us for any help or suggestions: docs.ourbigbook.com/#contact