For years, the artificial intelligence industry has followed a simple, brutal rule: bigger is better. We trained models on massive datasets, increased the number of parameters, and threw immense ...

Forbes contributors publish independent expert analyses and insights. Korok Ray is a PhD economist/professor who researches/teaches Bitcoin. Last month, I reviewed the power law model, first proposed ...

Abstract: Assumptions play a pivotal role in the selection and efficacy of statistical models, as unmet assumptions can lead to flawed conclusions and impact decision-making. In both traditional ...

The Ising model remains a cornerstone in the study of statistical mechanics, providing a simple yet profound framework for understanding cooperative phenomena and criticality in physical systems. By ...

Statistical models predict stock trends using historical data and mathematical equations. Common statistical models include regression, time series, and risk assessment tools. Effective use depends on ...

It is no secret that over the past decade – accelerated by the pandemic – Am Law 200 firms have been moving away from traditional partner compensation models such as pure lockstep, and shifted their ...