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 ...

Future events are far from certain in the business world. This is especially true for smaller businesses, which tend to have more volatility than larger organizations, or newer businesses without a ...

First of all thank you for creating the changepoint R package! I think it would be useful to analyse changepoints in binary data. Is it possibile to support Bernoulli distribution? Since both the mean ...

Abstract: In this paper, the particle filtering problem is investigated for a class of nonlinear/non-Gaussian systems with energy harvesting sensors subject to randomly occurring sensor saturations ...

What Is A Probabilistic Model? A probabilistic model is a statistical tool that accounts for randomness or uncertainty when predicting future events. Instead of giving a definitive answer, it ...

In renewal theory, the Inspection Paradox refers to the fact that an interarrival period in a renewal process which contains a fixed inspection time tends to be longer than one for the corresponding ...