Abstract: Traditionally, the uncertainty qualification is utilized with the known probability distribution function (PDF). However, in some scenarios, the PDFs of some uncertain variables are modeled ...

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 ...

Electromagnetic Spectrum (EMS) operations in contested environments require battlefield assumptions based on mission dependent factors and complex ...

Stochastic dynamical systems arise in many scientific fields, such as asset prices in financial markets, neural activity in ...

A new study has raised questions about the common belief that a child's gender is determined randomly with a 50:50 ...

Tipping points in our climate predictions are both wildly dramatic and wildly uncertain. Can mathematicians make them useful?

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 ...

Abstract: As a mixture of uncertain variable and random variable, uncertain random variable is an important tool to describe indeterminacy phenomena. In order to model the evolution of uncertain ...

Over very long intervals, short-term random fluctuations (“noise”) cancel one another – and ever clearer and steadier signals emerge.

NFL predictions today backed by expert analysis. Explore our in-depth guide to game picks, player forecasts, and betting strategies.

A newly discovered set of mathematical equations describes how to turn any sequence of random events into a clock, scientists ...