Learn how prior probability informs economic theory and decision-making in Bayesian statistics. Understand its role before collecting new data.

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 ...

The beauty of Statistics is that if you can take a large enough group of people, you can predict really well what the outcome will be overall Our research works across the fields of probability, ...

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 ...

The course provides a precise and accurate treatment of probability, distribution theory and statistical inference. As such there will be a strong emphasis on mathematical statistics as important ...

Stephen Woodcock does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

The Centre for Probability, Statistics and Data Science covers three broadly overlapping main areas of research: probability, statistics and data science. Probability theory is a core topic within ...

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 ...