Discover what a log-normal distribution is, its financial applications, and how to calculate it, including using Excel for ...

In cases where the utility function is increasing with upper and lower bounds then the utility function can be characterized by a distribution function, and we can take advantage of the various ...

When do probability distribution functions (PDFs) about future climate misrepresent uncertainty? How can we recognise when such misrepresentation occurs and thus avoid it in reasoning about or ...

It is shown that quantum mechanics cannot be formulated as a stochastic theory involving a probability distribution function of position and momentum. This is done by showing that the most general ...

The course covers the probability, distribution theory and statistical inference needed for advanced courses in statistics and econometrics. Michaelmas term: Probability.