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Bankers say that only the few airlines with the highest credit ratings have been able to add to their hedge books in recent months to take advantage of lower oil prices.The bankers' reluctance stems from the nature of hedging contracts which, although not officially loans, nonetheless create liabilities between banks and their customers which grow or shrink as the underlying variable changes.
This measure is also useful in ruling out a confound of spatial ability as the underlying variable between mechanism understanding and mathematical strategy use.
Cox regression models, with age as the underlying variable, were used to calculate relative risks (RRs) of breast cancer (ICD-10, C50) in each of South Asian and Black women compared with White women.
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With regard to the ability of each item to accurately measure different regions of the underlying variable, the results were as follows.
During modelling, trends in proportions across groups were assessed by linear logistic regression by fitting single parameters to represent linear effects (on the logit scale) with the underlying variable considered as a continuum.
The significant value of chi-square represents ARCH effect in the underlying variable.
In trend tests for ordered categorical variables, representing an underlying continuous variable (for example, coffee consumption), categories were assigned the category median of the underlying variable.
All data are subject to uncertainties, either as a consequence of measurement errors or as a result of stochastic variation (variation around the mean) of the underlying variables.
They are monitoring the options and looking for ways to influence the underlying variables that determine option value and, ultimately, outcomes.
The model assumes that the underlying variables (azimuthal stimulus positions) cause the sensory inputs.
Dividing up a geographic region into spatial cells, xα, we take as our underlying variable of interest, Bi(xα), a measure of the distribution of the ith taxon in the spatial cell xα.
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