Tendai Ruben Mbofana The recent disputed elections in Uganda have once again forced an uncomfortable question onto the African conscience: did independence truly liberate African citizens, or did it ...

Clay Halton was a Business Editor at Investopedia and has been working in the finance publishing field for more than five years. He also writes and edits personal finance content, with a focus on ...

A recent Delaware Chancery Court opinion offers a significant example of how courts may apply complex probability analysis to determine the amount of damages in an earnout dispute. The case arose from ...

Abstract: This paper elaborates on the ranked nodes method (RNM) that is used for constructing conditional probability tables (CPTs) for Bayesian networks consisting of a class of nodes called ranked ...

Forbes contributors publish independent expert analyses and insights. Writes about the future of finance and technology, follow for more. Joint probability teaches us to calculate combined outcomes.

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Copulas are statistical tools used to model and analyze the dependency structure between random variables, especially when their relationship is complex or non-linear. They help separate the marginal ...

When is it appropriate to completely reinvent the wheel? To an outsider, that seems to happen a lot in category theory, and probability theory isn’t spared from this treatment. We’ve had a useful ...

1 Mathematics Education, Faculty of Mathematics, University of Regensburg, Regensburg, Germany 2 Mathematics Education, Institute of Mathematics, Ludwig Maximilian University Munich, Munich, Germany ...