Forecasting for any small business involves guesswork. You know your business and its past performance, but you may not be comfortable predicting the future. Using Excel is a great way to perform what ...

This paper is concerned with the determination of tight lower and upper bounds on the expectation of a convex function of a random variable. The classic bounds are those of Jensen and ...

This is a preview. Log in through your library . Abstract Jensen gave a lower bound to Eρ(T), where ρ is a convex function of the random vector T. Madansky has obtained an upper bound via the theory ...