Probability theory forms the mathematical backbone for quantifying uncertainty and random events, providing a rigorous language with which to describe both everyday phenomena and complex scientific ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Let $X_1, X_2, \cdots$ be i.i.d. random variables with $EX_1 = 0, EX_1^2 = 1$ and let $S_n = X_1 + \cdots + X_n$. In this paper, we study the ladder variable $S_N ...

The world is full of uncertainty: accidents, storms, unruly financial markets, noisy communications. The world is also full of data. Probabilistic modeling and the related field of statistical ...

We study random exponential sums of the form $\sum_{k=1}^{n}X_{k}\,{\rm exp}\{i(\lambda _{k}^{(1)}t_{1}+\cdots +\lambda _{k}^{(s)}t_{s})\}$, where $\{X_{n}\}$ is a ...

Forecasting for any small business involves guesswork. You know your business and its past performance, but you may not be comfortable predicting the future. Using Excel is a great way to perform what ...

David Harper is the CEO and founder of Bionic Turtle. He is also a published author with a popular YouTube channel on expert finance topics. Almost regardless of your view about the predictability or ...

This course is available on the BSc in Data Science, BSc in Mathematics with Data Science and BSc in Mathematics, Statistics and Business. This course is available as an outside option to students on ...

This course is compulsory on the BSc in Actuarial Science and BSc in Financial Mathematics and Statistics. This course is available on the BSc in Data Science, BSc in Econometrics and Mathematical ...