Discover how the Dutch Book Theorem reveals profit opportunities in betting and finance when probabilities are misjudged.

How detection theory and NFL analytics, reveal why College Football Playoff rankings struggle at scale—and why AI should ...

Discover why options market data suggests a lower crash risk for U.S. stocks than pundit surveys, and how to optimize asset allocation for better returns.

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Purdue University’s online Master's in Applied Statistics prepares students to advance theory, methods and computing for the purpose of meeting today’s emerging science and technology by including ...

Probability theory is indispensable in computer science: It is at the core of artificial intelligence and machine learning, which require decision making under uncertainty. It is integral to CS theory ...

Abstract: Estimating the probability of rare channel conditions is a central challenge in ultra-reliable wireless communication, where random events, such as deep fades, can cause sudden variations in ...

ABSTRACT: The hazard produced by natural phenomena on infrastructure and urban populations has been widely studied in the last 50 years. Researchers have recognised that the real danger posed by these ...

Copyright: © 2024 Elsevier Ltd. All rights are reserved, including those for text and data mining, AI training, and similar technologies. Frequentist and Bayesian ...

The mathematician Daniel Litt has driven social media users to distraction with a series of simple-seeming but counterintuitive probability puzzles. In late January, Daniel Litt posed an innocent ...

This repository contains codes and pipelines for analyzing neural data from the Katz lab at Brandeis University towards Hannah Germaine's thesis.