Measurement shows that almost one-half of all market days are down days and slightly more are up days, but close enough to think of it as 50/50. Just as the probability of getting a long string of ...

Research of the probability and statistics group includes particle systems, theoretical statistics, non-conventional random walks, random matrix theory, and random polynomials. Research interests also ...

In the ever-evolving toolkit of statistical analysis techniques, Bayesian statistics has emerged as a popular and powerful methodology for making decisions from data in the applied sciences. Bayesian ...

Collecting data; summarizing and displaying data; drawing conclusions and making decisions using data; probability background, confidence intervals, hypotheses tests, regression, correlation. Not open ...

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 ...

Patrick Billingsley, an influential probability theorist who also became an accomplished actor of stage and screen, died Friday, April 22 in his Hyde Park home after a short illness. He was 85. “He’s ...