This is a preview. Log in through your library . Publisher Information The purpose of the Institute of Mathematical Statistics (IMS) is to foster the development and dissemination of the theory and ...

Probability theory forms the mathematical backbone for quantifying uncertainty and random events, providing a rigorous language with which to describe both everyday phenomena and complex scientific ...

A series of bounds for the availability and unavailability in a fixed time interval, I, for a system of maintained, interdependent components are given in Natvig (1980) in the traditional binary case, ...

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 ...

Source: Thunder Bay, Canada. Used with permission of Dan Hunt, MD. Coincidences attract our attention because they seem weird, odd, or unlikely. Their improbability stimulates wonder—“what are the ...

Forbes contributors publish independent expert analyses and insights. I write about physics, science, academia, and pop culture. The outrage of the moment in my social media circles is over the New ...