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 ...

Abstract: Given two discrete random variables X and Y, an operational approach is undertaken to quantify the “leakage” of information from X to Y. The resulting measure ℒ(X→Y ) is called maximal ...

Two Chinese military transport planes were spotted by satellite at a Russian airport around the time Chinese and Russian warplanes patrolled near Alaska last month, according to a new report, in the ...

This project aims to measure the credit risk of LendingClub, (an American peer-to-peer lending company), by calculating the expected loss of their outstanding loans. Credit risk is the likelihood that ...

In the world of probability theory and statistics, conditional distribution is an essential concept that helps understand the relationship between two or more events. Conditional distribution provides ...

In the field of statistics and probability, marginal distribution plays a critical role in understanding the behavior of variables. It is a method used to determine the probability distribution of a ...

SYDNEY, July 21 (Reuters) - Australia and the U.S. began two weeks of war games involving more than 30,000 troops and participants from 11 other countries on Friday, in a show of force and unity at a ...

A random variable is a variable whose possible values are numerical outcomes of a random phenomenon. It is a fundamental concept in probability and statistics, used to quantify and analyze random ...

A joint probability distribution describes the probability of two or more random variables occurring simultaneously. It provides a comprehensive way to understand the relationship between different ...