<s>
The	O
zero	B-Algorithm
bias	I-Algorithm
transform	I-Algorithm
may	O
be	O
applied	O
to	O
both	O
discrete	O
and	O
continuous	O
random	O
variables	O
.	O
</s>
<s>
The	O
zero	B-Algorithm
bias	I-Algorithm
transform	I-Algorithm
is	O
taken	O
for	O
a	O
mean	O
zero	O
,	O
variance	O
1	O
random	O
variable	O
which	O
may	O
require	O
a	O
location-scale	O
transform	O
to	O
the	O
random	O
variable	O
.	O
</s>
<s>
Similar	O
to	O
Stein	O
's	O
method	O
the	O
zero	B-Algorithm
bias	I-Algorithm
transform	I-Algorithm
is	O
often	O
applied	O
to	O
sums	O
of	O
random	O
variables	O
with	O
each	O
summand	O
having	O
finite	O
variance	O
an	O
mean	O
zero	O
.	O
</s>
<s>
The	O
zero	B-Algorithm
bias	I-Algorithm
transform	I-Algorithm
has	O
been	O
applied	O
to	O
CDO	O
tranche	O
pricing	O
.	O
</s>
<s>
The	O
zero	B-Algorithm
bias	I-Algorithm
transform	I-Algorithm
of	O
T	O
=	O
(	O
B−p	O
)	O
is	O
:	O
</s>
<s>
This	O
example	O
shows	O
how	O
the	O
zero	B-Algorithm
bias	I-Algorithm
transform	I-Algorithm
smooths	O
a	O
discrete	O
distribution	O
into	O
a	O
continuous	O
distribution	O
.	O
</s>
<s>
This	O
example	O
shows	O
that	O
the	O
zero	B-Algorithm
bias	I-Algorithm
transform	I-Algorithm
takes	O
continuous	O
symmetric	O
distributions	O
and	O
makes	O
them	O
unimodular	O
.	O
</s>
