An annual series of maximum dailyrainfall extending through 1860–1995, i.e., 136 years,was extracted from the archives of a meteorologicalstation in Athens. This is the longest rainfall recordavailable in Greece and its analysis is required forthe prediction of intense rainfall in Athens,...

We derive a new algorithm for calculating an exact confidence interval for a parameter of location or scale family, based on a two-sided hypothesis test on the parameter of interest, using some pivotal quantities. We use this algorithm to calculate approximate confidence intervals for the...

It is demonstrated that extremization of entropy production of stochastic representations of natural systems, performed at asymptotic times (zero or infinity) results in constant derivative of entropy in logarithmic time and, in turn, in Hurst–Kolmogorov processes. The constraints used include...

The current model for energy production, based on the intense use of fossil fuels, is both unsustainable and environmentally harmful and consequently, a shift is needed in the direction of integrating the renewable energy sources into the energy balance. However, these energy sources are...