We develop a method for constructing confidence regions on the mean vectors of multivariate processes that is based on a vector autoregressive (VAR) representation of the data-generating process. A confidence-region-construction algorithm for a general autoregressive model is given. We establish...

The main goal of this paper is to describe a new multistage Monte Carlo (MMC) simulation method for solving influence diagrams using local computation. Global methods have been proposed by others that sample from the joint probability distribution of all the variables in the influence diagram....

Financial Accounting Standard (FAS) 133 requires business entities to document their anticipation of hedge effectiveness in order to qualify for hedge accounting treatment of gains and losses from financial derivatives. In the absence of specific guidelines, the accounting industry has espoused...