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 ...

A guide to online roulette in the UK, including a list of the best roulette sites, the latest offers and tips on how to play roulette ...

Master the Art of Plinko & Amplify Your Winnings. Understanding the Basics of Plinko The Role of Randomness and Probability Understanding Variance in Plinko Impact ...

Probability models that once belonged to high-stakes poker have become a backbone for NHL betting analytics. It’s no longer just “feeling lucky.” Frameworks honed over decades of card play have found ...

Université de Montréal, Département de mathématiques et de statistique, Montréal, Canada. This paper is organized as follows. In Section 2, we set the probabilistic model for a randomly reinforced urn ...

Abstract: In recent literature, when modeling for information freshness in remote estimation settings, estimators have been mainly restricted to the class of martingale estimators, meaning the remote ...

In the stochastic knapsack problem, we are given a knapsack of size B, and a set of jobs whose sizes and rewards are drawn from a known probability distribution. However, we know the actual size and ...

The course gives an introduction to probability theory in a measure-theoretic setting. Among the topics discussed are: Probability measures, σ-algebras, conditional expectations, convergence of random ...

This library supports calculation of uniform boundaries, confidence sequences, and always-valid p-values. These constructs are useful in sequential A/B testing, best-arm identification, and other ...

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 ...