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 ...
Source: Thunder Bay, Canada. Used with permission of Dan Hunt, MD. Coincidences attract our attention because they seem weird, odd, or unlikely. Their improbability stimulates wonder—“what are the ...
Research of the probability and statistics group includes particle systems, theoretical statistics, non-conventional random walks, random matrix theory, and random polynomials. Research interests also ...
Circular statistics is a specialised subfield of statistics that focuses on analysing data points distributed on a circle. Unlike conventional linear statistics, circular data is characterised by ...
MORE FROM BUSINESS INSIDER: Sinofsky's Farewell Memo to Microsoft Why Mobile Commerce Is Set to Explode The S&P's Last Gasp Even a rudimentary look at probability can give new insights about how to ...
If the risk of an event goes up or down, we assume that it will keep changing in that direction. Consider a weather forecast: If the probability of rain goes from 20% to 30%, many people then think it ...
Measurement shows that almost one-half of all market days are down days and slightly more are up days, but close enough to think of it as 50/50. Just as the probability of getting a long string of ...
Statistics is the science of analyzing data; the use of statistics is ubiquitous in science, engineering, medicine and epidemiology, marketing, and many other application areas. Probability theory ...
Source: Thunder Bay, Canada. Used with permission of Dan Hunt, MD. Coincidences attract our attention because they seem weird, odd, or unlikely. Their improbability stimulates wonder—“what are the ...
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