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Considering the difficulties in calibrating these prices into specific joint probability distribution in practice, this study merely requires some fundamental descriptive statistics information of these bunker prices, including lower and upper bounds, means and covariances, which can be tangibly estimated from historical data.
For example, one of the most fundamental descriptive statistics to report about a network is density the number of observed connections in the network relative to the number of links that could be present if all actors connected to each other.
Similar(57)
Table 2 Descriptive statistics pertaining to key demographic variables.
Descriptive statistics.
Descriptive statistics were generated.
Survival data and descriptive statistics were calculated.
The data was analysed using descriptive statistics.
In this study, descriptive statistics was used.
Descriptive statistics described the sample and trends.
The data were analyzed using descriptive statistics and inferential statistics.
Data were analyzed using descriptive statistics.
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