Bayes' Theorem: What It Is, Formula, and Examples

Bayes' theorem is a statistical formula used to calculate conditional probability. Learn how it works, how to calculate it ...

Who Is Robert F. Engle III? What Did He Win the Nobel Prize for in Economics?

Learn about Robert F. Engle III, a Nobel laureate credited with developing the ARCH model for analyzing financial market ...
BMJ

Comparison of relative change with effect size metrics in Alzheimer’s disease clinical trials

Background Per cent slowing of decline is frequently used as a metric of outcome in Alzheimer’s disease (AD) clinical trials, but it may be misleading. Our objective was to determine whether per cent ...

More homes and business changes possible near Winkler

The RM of Stanley council is meeting in February 2026 to review five applications for property use changes and a building variance near the City of Winkler, Manitoba. The files include four ...

Financial word of the day: Heteroscedasticity — meaning, usage, and why it matters more than ever

Heteroscedasticity describes a situation where risk (variance) changes with the level of a variable. In financial models, ...
IEEE

Simulating Customer Wait-Time Metrics in Nonstationary Queues: A Queue-Based Conditional Estimator for Variance Reduction

Abstract: We introduce a new simulation method to estimate customer-averaged service metrics in nonstationary queueing systems with time-varying arrivals and staffing. Practical delay-based ...
IEEE

Multi-Label Conditional Generation From Pre-Trained Models

Abstract: Although modern generative models achieve excellent quality in a variety of tasks, they often lack the essential ability to generate examples with requested properties, such as the age of ...