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 ...
Introduction Have you ever heard anyone say the chance of something happening is “50–50”? What does that actually mean? This phrase has something to do with probability. Probability tells you how ...
When mathematics lecturer Gene Kim turned a $15 daily fantasy sports (DFS) lineup into a $50,000 win in April, it would not be his last victory of the year — Kim launched a new introductory seminar ...
An international consortium of statisticians, lawyers and forensic scientists is drawing up guidelines for the use of statistics in court Misuse of statistics is a blight on the law. Verdicts have ...
Our whole life we have to make decisions and weigh up probabilities of different events. By learning to estimate which event is more likely to happen, we become better at analysing risks and benefits ...
New research found that infants have better math skills than previously suspected. From the age of six months, babies can calculate probability and estimate risk. Research from the Max Planck ...
Alice and Bob are playing a game in which the first person to get 6 points wins. The way each point is decided is a little strange. The Casino has a pool table that Alice and Bob can't see. Before the ...
Measurement shows that almost one-half of all market days are down days and slightly more are up days, but close enough to think of it as 50/50. Just as the probability of getting a long string of ...
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 ...