This work presents some numerical methods for options valuation. Chapter one is the introduction. Chapter two is the literature review which covers key literature findings and theoretical underpinning on a number of real options pricing approaches. Chapter three discusses numerical methods for options valuation. Chapter four presents numerical implementation and examples. Chapter five is the summary and conclusion.

To most people the word statistics conjures up images of vast tables of confusing numbers, volumes and volumes of figures pertaining to births, deaths, taxes, populations, and so forth, or figures indicating baseball batting averages or football yardage gained flashing across television screens. This is so because in common usage the word statistics is synonymous with the word data. In a sense this is a reasonably accurate impression because the discipline of statistics deals largely with principles and procedures for collecting, describing, and drawing conclusions from data. Therefore it is...