Probability and statistics play pivotal roles in various fields, with stock trading and casino games being prime examples of where these mathematical concepts are crucial. Understanding how ...

Decision analysis represents a practical framework for environmental decision making in the face of uncertainty. Aa Aa Aa The conservation of species and ecosystems represents a fundamental challenge ...

The Poisson distribution is widely used in artificial intelligence (AI) and machine learning. In Bayesian inference, probability distributions often help solve problems that would otherwise be ...

Introduction to probability theory and its applications. Axioms of probability, distributions, discrete and continuous random variables, conditional and joint distributions, correlation, limit laws, ...

The Centre for Probability, Statistics and Data Science covers three broadly overlapping main areas of research: probability, statistics and data science. Probability theory is a core topic within ...

In A Philosophical Essay on Probabilities, published in 1814, Pierre-Simon Laplace introduced a notorious hypothetical creature: a “vast intelligence” that knew the complete physical state of the ...