Pete Rathburn is a copy editor and fact-checker with expertise in economics and personal finance and over twenty years of experience in the classroom. Getty Images / Monty Rakusen Analysts can assess ...

We provide a generic Monte Carlo method to find the alternative of maximum expected utility in a decision analysis. We define an artificial distribution on the product space of alternatives and states ...

Get the latest Treasury yield forecasts, risk analysis, and default probabilities affecting investors. Click for my latest ...

The following four new calculation schemes were implemented and validated through numerical experiments. A surface layer turbulence scheme using a new calculation formula that eliminates the ...

Co-workers do some armchair theorizing on statistics. By John Hodgman Joseph writes: A co-worker told me that there is a 50-50 chance we are living in a computer simulation. I agree, because ...

The center will unite mathematicians, engineers and computer scientists at Brown, NYU and Georgia Tech to tackle longstanding ...

Journal of Coastal Research, SPECIAL ISSUE NO. 103. Global Topics and New Trends in Coastal Research: Port, Coastal and Ocean Engineering (SUMMER 2020), pp. 839-842 (4 pages) In order to improve the ...

ITHACA, N.Y.--(BUSINESS WIRE)--Savvy investors and analysts know to expect the unexpected. Probability simulations addressing unexpected market fluctuations provide insights to help manage long-term ...