Discover how credibility theory helps actuaries use historical data to estimate risks and set insurance premiums; learn how ...

Get your news from a source that’s not owned and controlled by oligarchs. Sign up for the free Mother Jones Daily. It is really, really hard to find stuff to write about other than the C19 pandemic.

Bayesian statistics represents a powerful framework for data analysis that centres on Bayes’ theorem, enabling researchers to update existing beliefs with incoming evidence. By combining prior ...

Scientists have developed a method to identify symmetries in multi-dimensional data using Bayesian statistical techniques. Bayesian statistics has been in the spotlight in recent years due to ...

Journal of the Royal Statistical Society. Series B (Statistical Methodology), Vol. 76, No. 5 (NOVEMBER 2014), pp. 833-859 (27 pages) The choice of the summary statistics that are used in Bayesian ...

With so many worlds out there, the question is: How many are home to advanced life? In a paper just published in the Proceedings of the National Academy of Sciences, David Kipping from Columbia ...