Probability underpins AI, cryptography and statistics. However, as the philosopher Bertrand Russell said, “Probability is the ...

Probability and the stochastic processes theory, joint to the mathematical modeling and the respective computational support are clearly important work tools to tackle complex systems, which has been ...

Plans based on averages are wrong, on average. So says “the flaw of averages,” as coined by Sam. L. Savage, a consulting professor in the Department of Management Science and Engineering at Stanford ...

Digital games, especially those based on sports like tennis, use probability models to simulate realistic and fair outcomes. These models determine everything from a player’s serve accuracy to the ...

As an analytics engineer at Bati Bank, a lending financial provider with over 10 years of experience, this project demonstrates an end-to-end implementation of a credit scoring model in a real-world ...

Indore (Madhya Pradesh): A study at the intersection of biology, statistics and medical imaging by IIM Indore faculty member Prof Sujoy Mukhoti has resulted in the development of a new probability ...