Discover how probability distribution methods can help predict stock market returns and improve investment decisions. Learn ...

California doesn’t have a water shortage problem. It has a water distribution problem. The state’s almond growers use about 20% of California’s available water and three-quarters of that goes to grow ...

Objective: People often have their decisions influenced by rare outcomes, such as buying a lottery and believing they will win, or not buying a product because of a few negative reviews. Previous ...

State Key Laboratory of Physical Chemistry of Solid Surfaces and Fujian Provincial Key Laboratory of Theoretical and Computational Chemistry College of Chemistry and Chemical Engineering, Xiamen ...

Sampling from probability distributions with known density functions (up to normalization) is a fundamental challenge across various scientific domains. From Bayesian uncertainty quantification to ...

The acceptance sampling plan (ASP) is a statistical tool used in industry for quality control to determine the quality of products by selecting a specified number for testing in order to accept or ...

In the first part of his video interview with Pharma Commerce Editor Nicholas Saraceno, Mark Jara, founder and CTO, RxS, describes the progression of the sample distribution process. In a video ...

This methodological article aims to present the type I Pareto distribution in a clear and illustrative manner for better understanding among social researchers. It also provides R scripts for ...

Monte Carlo Simulations take the spotlight when we discuss the photorealistic rendering of natural images. Photorealistic rendering, or, in layman’s words, creating indistinguishable “clones” of ...

The life of a Web3 builder is a challenging one. They’re developing complex products on infrastructure that isn’t ready to support a large user base. On top of that, they’re building for users who don ...