Searchers are feeling overwhelmed by the task of locating the wreckage of missing Malaysian Airlines Flight 370. "We're not searching for a needle in a haystack — we're still trying to define where ...
The Max Planck Institute for Biological Cybernetics is a partner in the Integrated Research Project BACS (Bayesian Approach to Cognitive Systems), which is being sponsored by the EU and will run until ...
Over the years, many writers have implied that statistics can provide almost any result that is convenient at the time. Of course, honest practitioners use statistics in an attempt to quantify the ...
Chris Wiggins, an associate professor of applied mathematics at Columbia University, offers this explanation. A patient goes to see a doctor. The doctor performs a test with 99 percent ...
Nate Silver, baseball statistician turned political analyst, gained a lot of attention during the 2012 United States elections when he successfully predicted the outcome of the presidential vote in ...
Mike Lee receives relevant research funding from the Australian Research Council, the Australia-Pacific Science Foundation, and Flinders University. Benedict King receives funding from the Australian ...
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 ...