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 ...
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 ...
This article was published in Scientific American’s former blog network and reflects the views of the author, not necessarily those of Scientific American I’m not sure when I first heard of Bayes’ ...
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 ...
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 stock market is an ever-changing place. In fact, it’s changing every second of every day as prices go up and down, and new factors impact the trajectory of the market. It’s important for investors ...
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