I've done some basic Googling but I'm not sure what the equation for this is. I have X events, each with an independent probability between 0 and 1. Given X events, how many are likely to ...
The purpose of the Institute of Mathematical Statistics (IMS) is to foster the development and dissemination of the theory and applications of statistics and probability. The Institute was formed at a ...
We’ve seen a number of outlier events in 2016, but the experts predicted them poorly and are labeling them “black swans.” According to Nassim Taleb, black swan events are highly unexpected for a given ...
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