Quantitative finance continues to debate the reliability and limits of model-driven investment strategies. Read more here.

From Plato’s search for hidden forms to Bernoulli’s law of large numbers and Markov’s breakthrough on dependent events, this story traces how mathematicians discovered the patterns hidden inside ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Objective probability estimates the odds of an event occurring through data analysis. It uses concrete measures instead of guesses to provide a reliable forecast.

Cambridge, MA — In high-stakes settings like medical diagnostics, users often want to know what led a computer vision model to make a certain prediction, so they can determine whether to trust its ...

Humans and AIs have different methods of calculating words about probability like ‘maybe’ and ‘likely’ – and different interpretations about what they mean.

This article presents an application for failure probability in long-pipeline gas systems through the development of trend curves over time for the attributes of corrosion wear, which are related to ...

Google rolled out a brand new experimental AI tool last Thursday called Project Genie. By Friday, video game stocks were tumbling as a result. Gaming industry giants like Unity Software, Roblox, ...

Jan 30 (Reuters) - Shares of videogame companies fell sharply in afternoon trading on Friday after Alphabet's Google (GOOGL.O), opens new tab rolled out its artificial intelligence model capable of ...

Abstract: For traditional surrogate model-based methods, the distribution parameters of random variables will change with the enrichment of the data, ultimately leading to the reconstruction of ...

The Center for Medicare and Medicaid Innovation (CMMI)[1] recently released information about three new models aimed at testing alternative calculations for manufacturer rebates, to ensure net drug ...

Dec 1 (Reuters) - BofA Global Research on Monday said it now expects the U.S. Federal Reserve to cut interest rates by 25 basis points at its December meeting, citing weak labor market conditions and ...