The modern economy is a complex machine. Its job is to allocate limited resources and distribute output among a large number of agents—mainly individuals, firms, and governments—allowing for the ...

Data-driven models are increasingly used to simulate and make predictions about complex systems, from online shopping preferences and the performance of the stock market to the spread of disease and ...

One of the most interesting and useful slang terms to emerge from Reddit in my opinion is ELI5, from its subreddit of the same name, which stands for "Explain It Like I'm 5" years old. The idea is ...

In 2015, when NASA's New Horizons spacecraft encountered the Pluto-Charon system, scientists discovered interesting, geologically active objects instead of the inert icy orbs previously envisioned.

While machine learning and deep learning models often produce good classifications and predictions, they are almost never perfect. Models almost always have some percentage of false positive and false ...