Opinion

Why the U.S. Shouldn’t ‘Rush’ to Host the Rugby World Cup … in 2031

Why is hosting the Rugby World Cup in the United States suddenly in doubt? For years, American rugby has operated under a quiet assumption: that challenging USA Rugby risks provoking World Rugby into ...

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 ...
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 ...
Investopedia

What Is Variance in Statistics? Definition, Formula, and Example

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 ...
IEEE

Conditional variance LMMSE estimator for a GARCH process clutter model

Abstract: A radar detection scheme based on a GARCH clutter model has been proposed recently. This adaptive detector depends on the conditional variance of the GARCH ...