Copulas are functions that enable the construction of multivariate probability distributions by binding together univariate marginal distributions. Central to probability theory, they allow ...

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 ...

Probability is essential in finance and insurance for quantifying risk, which is used to calculate premiums, set capital reserves, make investment decisions, and price derivatives. In finance, it ...

Joseph Chang, an expert on the application of probability and statistics, has been appointed the James A. Attwood Professor of Statistics and Data Science. His appointment is effective immediately. He ...