The world is full of uncertainty: accidents, storms, unruly financial markets, noisy communications. The world is also full of data. Probabilistic modeling and the related field of statistical ...

Fracture risk assessment tool, or FRAX, estimates from the 2013-2014 National Health and Nutrition Examination Survey show that mean, 10-year hip and major osteoporotic fracture probabilities were 0.5 ...

Probability calculations determine the chance of a specific event occurring. This calculation factors in the number of positive events with respect to the total number of possible results. When you ...

This summer, as Georgia rolls out new math requirements, Kaycie Maddox’s challenge has as much to do with words as numbers. Maddox, a math specialist for a regional education services agency, is ...

The probability of a 50 basis point rate cut by the U.S. Federal Reserve has more than doubled among traders following Friday's weak payroll data. Nonfarm payrolls for July were 114,000, well below ...

There are certain words you don’t want to hear in a medical checkup, or in an investment bank’s recession outlook: “stable but elevated.” It’s a phrase that could refer to blood pressure, even risk of ...

The mean residual life function is an attractive alternative to the survival function or the hazard function of a survival time in practice. It provides the remaining life expectancy of a subject ...