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The present conference shall provide a platform for leading Mathematicians and Statisticians, working around the globe in the theme area to discuss several research issues and to introduce new innovations. The main goal of the conference is to bring experts, young researchers, and students together to present recent developments in this dynamic and important field. The conference also aims to stimulate research and support the interaction between the scientists by creating an environment for the participants to exchange ideas and to initiate collaborations and professional partnerships.